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Otane

5 Bedrooms2 Bathrooms1 GarageID WU66833

Historic home and income potential

The historic village of Otane was founded in 1874 when a permanent Post Office and Postmaster's residence was built on this site in 1912 by Scanlon & Cairns of Hastings. Constructed of the "finest native timbers" the foundation stone of this building was laid by Postmaster General Henry G EII on the 22 June 1912 where it then served the local community for 78 years before closing in February 1988. Now heralding a new chapter in its 107-year history, this inspired property is presently configured into two semi-detached dwellings. The former post office to the front where the original post boxes still exist has been converted into a separate two bedroom flat with a layout reminiscent of apartment style living and offers possible rental or B&B style accommodation income potential. To the rear of the property is the former postmasters house where the grandeur of such a notable residence of its time is still evident. Three sizable bedrooms, large separate kitchen complete with original meat safe and scullery, formal dining and sitting rooms graced by several stunning ornate fireplaces, soaring high stud timber panelled ceilings while the original bank vault still occupies a central position in the home. Outside the former public restrooms, complete with pony hitching post, now provide garden and wood storage while the 859m2 section is fully fenced and is located on a corner site providing two street frontages on the edge of residential and rural Otane. With size, scope for further enhancement and a prized location within 30 minutes of Hastings, potential buyers are encouraged to investigate the multiplicity of uses this versatile property could offer.
CHATTELS  Curtains   |   Light fittings   |   Dishwasher   |   Electric Stove   |   2 Heat Pump and 2 Remotes   |   Range Hood   |   Smoke Detectors   |   Washing Machine Taps
Features
Area | 240.00m2Rates | $2,239.19Regional rates | $109.04LV | $105,000RV | $385,000
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Jane Hamilton

M  027 457 8660  P  

Molly Baldwin

M  021 244 0673  P  

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