$1,090,000

15 Hercules Street,Murrumbateman NSW 2582

House3331
Block size: 2023 m² approx.House size: 450 m² approx.

Binary Investment - Commercial and Residential Buildings

Most property investors need to decide the best portfolio mix between residential and commercial, but this plural opportunity provides you with a singular solution.

Located on a pre-dominant corner half acre block within the original Murrumbateman village precinct, this high-profile property consists of a large commercial building with over 16 differing rooms, and a stand-alone 2-3 bedroom residence.

Both buildings are currently under separate tenancy agreements and under single title. Neither building can be bought separately.

The 2 level 287m2 commercial building currently houses the local dentist's surgery and is well known to the local and broader community. This building will become available for fresh occupancy from late November 2019 and is ideally fitted-out for another medical-type business to slip straight into the premises. The building's room configuration suits a replacing dentist, general practitioner/specialist, physiotherapist, mixed consulting rooms and most other medically aligned activities. The building would also suit a holistic medical business, the beautician industry and even could be tuned into a large family home.

Alternatively, with the space being so interpretive, it could accommodate serviced professional office suites, legal/accounting offices, community facilities and other commercial or particular retail activities.

The 173m2 2-3 bedroom home is very comfortable and the existing long-term and reliable tenants wish to continue their lease after the property is sold.

The home provides 3 bedrooms including a separate master suite with parents' retreat, upgraded kitchen, formal lounge room with an adjacent dining room and family focused floor plan. For outdoor entertaining there's a covered rear alfresco area, and garaging consists of a single garage shed with a rear storage room. The home is an easy stroll away from the village shops and is surrounded by established trees and grassed areas.

Essentially, this is a pronounced opportunity to secure a structured investment property, in the form of one of Murrumbateman's most notable properties. Commercial space is at a premium at Murrumbateman, and the area's dynamic growth provides impetus for the local business community.

Please contact the listing agent for all further details and a viewing of the property.

Property Technical Specifications - GENERAL

Property description: the buildings located at 15 Hercules Street & 14 Camp Street Murrumbateman village are one and the same property, but council-noted as the former. The larger building (currently the dentist surgery) is in use commercially, and the other is purely residential at this juncture. Both buildings are under separate tenancies and are stand-alone in regard to services connection/billing. There is a mixed physical barrier/fence between the buildings & each tenant is responsible for the maintenance of their respective garden lots. Rental returns and tenancy agreements for each building are available from the listing agent upon request

Block: 2,023m2 - separate building use of lot ratio approximately 50:50

Zoning & rates: Yass Valley Council, RU5 village, $4,141,65pa

Location: original Murrumbateman village precinct, 500m from Barton Highway intersection, 25 minutes to Canberra's northern areas, 15 minutes to Yass township

About Murrumbateman:

  • ideally located just 24km from the ACT border, Murrumbateman is now home to 3,219 well educated cosmopolitan residents.
  • Murrumbateman continues to experience many exciting changes in its demographic complexion, population growth and overall investment in property and commerce.
  • after evolving from its typical farming roots, Murrumbateman is now home to a largely cosmopolitan population base with an average age grouping of 40 years and a median weekly household income in excess of the national average at $2,822.
  • undeniably, Murrumbateman's motivating economic powerhouse is Canberra. Having the national capital on its doorstep provides not only the region but its raft of commercial entities with a constant demand for local goods and services

Please note: any envisaged uses for these buildings may be subject to council approval under the relevant LEP's

Property Technical Specifications - Commercial Building

Building area: lower level area: 215.03m2, upper level area 55.5m2, total area under roof: 287.12m2/30.87sq - approximately

Lower/public level design features: see floor plan in photo album

  • wheel chair access entry ramp
  • lobby/air cell entry
  • client waiting area with reception desk & childrens' play room
  • 2 surgery rooms
  • recovery room, or 3rd surgery room
  • 2 x general purpose/lab rooms with connected plumbing
  • 3 x WC including a disabled and shower room
  • 2 x store rooms
  • 1 x staff amenities room with kitchenette
  • 1 staff conference room
  • Climate control: 2 x split-cycle air-conditioning units in the surgeries 1-2, LPG gas bayonet points in the reception and staff amenities areas for gas heater connection, ceiling mounted reverse cycle air-conditioning in the reception area
  • underfloor piping for compressed/suction air flows
  • water supply: 2 x above ground 5,000gall/22,730lt each rainwater tanks harvesting from the building's roof line, Murrumbateman village water - this supply (which is enabled by a flow manifold) is an alternative to the rainwater tanks
  • sewerage: village sewer system
  • parking: 5 building-dedicated front car parking spaces, plus roadside & rear of building

Upper level design features: see floor plan plan in photo album

• 2 separate Gyprock lined office rooms with floating timber floors
• 1 x WC with wash sink

Property Technical Specifications - Residential Building

Residence: 144.18m2 of residential living area, 14m2 of front covered verandah area, 15m2 of rear covered alfresco area, total area under roof: 173.18m2/18.62sq - approximately

Residential features:

  • 2-3 bedrooms (2 with robes) including a segregated original garage to master bedroom with parents' retreat & ensuite
  • upgraded fully equipped country-style kitchen & separate dining room
  • formal lounge room with solid fuel combustion heater fireplace
  • laundry/mud room
  • raised front entertaining verandah
  • rear covered alfresco area

Climate control: solid fuel heater located in the lounge room, distributed LPG gas bayonet points for gas heater connection
Hot water: Rinnai on-call instant LPG gas
Garaging: single detached garage shed with rear storage room
Water supply: 1 x 5,000gall/22,730lt above ground rainwater tank harvesting from the home's roof line, Murrumbateman village water supply to all external taps and plumbed into the home for flushing purposes
Gardens: many assorted mature shade/privacy trees, garden beds and areas of open lawns

Can I afford this property?

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:House
Lot:1
Section:3
Plan Type:DP
Plan:758736
Block Size:2023 (approx)
House Size:450 (approx)
Stamp Duty:$45,252
 
Elders Murrumbateman

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Block information
Block size: 2023 (approx)
Legal description: 1/3/DP758736
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What's Nearby

Yass HospitalHospital
17.6km

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            Murrumbateman Suburb Information

            Median Sale Price For Murrumbateman
            $845,000
            Average Age
            39 years
            Population
            2,846
            Murrumbateman Profile
            Murrumbateman Occupancy

            Contact agents

            Elders Murrumbateman

            Elders Murrumbateman

            View agency detailsJohn LennieElders Murrumbateman
            Please send me information on 15 Hercules Street, Murrumbateman NSW 2582
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            This listing has been viewed 565 times. It was first displayed on 02/10/19 and last updated on 03/10/19.