191- 197 Kelly Street,
Scone

3
Baths

Located in the heart of the main street of Scone, the Horse Capital of Australia this prominent building has been held in the one family for many decades. The sale of 191- 197 Kelly Street will perfectly coincide with the commencement of the Kelly Street revitalisation program, which is a state, federal and locally funded project of sum $20 million.

If fully tenanted, the building would provide a significant yield for investors.

Built in 1930, 191- 197 Kelly Street comprises the following:

  • Double brick construction
  • 3 shopfronts (1 currently tenanted)
  • 3 first floor residential apartments (1 x 2 bedroom and 2 x 1 bedroom)
  • Large 1095 square metre level block with dual access
  • Prominent main street position that will feature in the main street's redevelopment

With a shortage of main street short stay accommodation options, this building has strong potential to be renovated and converted into a multi tenanted accommodation offering, or to maintain the current usage that provides diverse income streams.

For genuine sale by interstate vendors.

Contact exclusive selling agent: Michael Burke - michaelburke@mcgrath.com.au

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191- 197 Kelly Street
Sold March 2023
Confidential
Property information
Internal size approx. (sqm)
680
Land size approx. (sqm)
1,095
Resource
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