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Withdrawn
88 Wharf Street, Maryborough, QLD, 4650
9 Bed | 4 Bath | 2 Car
AUCTION
Sold On
1 January 1970
Location, Location, Location
Portside Apartments is steeped in history, if only the walls could talk, it has everything including the tombstone of Fanny and Mary Uhr from the mid-1800's.
It just doesn't get any better than this, enjoy all the charm and grandeur that Maryborough has to offer from this Portside Heritage Precinct Property which without a doubt boasts the best panoramic views of the Mary River.
Offering the best of both worlds, old world charm and the inner-city modern-day convenience this beautiful heritage city has to offer. There are several fantastic local cafes, pubs and restaurants within a stone’s throw and minutes’ walk to the Brolga Theatre which is home to the free Brolga Live monthly event on the Riverstage.
Many of the Fraser Coasts annual events are celebrated right on our doorstep, just recently the Relish Food and Wine Festival, shortly we will be celebrating the Steemfesta and let’s not forget the popular Mary Poppins festival which is “Expialidocious” you are literally right in the middle of all the action here.
Wharf Street is the showpiece of this beautiful heritage city with the impressive Bond Store, Maryborough Military and Colonial Museum just a short stroll from Portside Apartments.
The property is currently and has been operating as an accommodation business, listed on booking.com and expedia, for nightly and extended stays it is a fantastic little cash cow with scope to add a food and beverage service for guests or lease the space out for extra income. (Subject to approvals). The property has recorded income over $120k at 72% vacancy rate with only 3 rooms available (prior to covid), as we have an onsite manager living in Apartment 1.
Currently consisting of two 3-bedroom Apartments on the top floor, one 2-bedroom apartment and a 1-bedroom studio apartment on the ground floor, a space has also been allocated for potential F & B, retail or cafe.
The building is in great condition for its age, built in approx. 1891 as a women and children boarding home. We encourage you to do your own research on the history of this grand lady, there is a thorough story of the history about the tomb stone and the buried sisters on the Maryborough Storytellers FB page.
Endless potential here with one of the best locations on the Fraser Coast for lifestyle, the auction will be on the 3rd of July at 11am onsite if not sold prior to, contact Greg Pratt for an information Memorandm now.
Property Details
Property Type: Business
Land Area: 1060 SQM
Property Features
Statement of Information
Documents
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