24 Samdon Street
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About this property
A rare opportunity is now available to secure an amazing property with no parallel. The former Hamilton Nursing Home is offered for sale. Retaining the grandeur of high ceilings, staircases and other original features the property has been renovated. Currently operating as a boarding house accommodation facility with some twenty five rooms, over two levels. Kitchens and multiple bathrooms on each level as well as separate living rooms and a caretakers living space. Lift in the rear of the building (non operational) is adjacent to the car parking. The property enjoys two street frontages and is opposite the delightful Gregson Park which is undergoing a significant transformation. The possibilities are exciting and broad and may include upgrading the accommodation with its existing revenue stream that has more than potential upside. Convert the property and restore it to its original glory and have the most stately of residences in a simply wonderful setting. Or alternatively, an opportunity for a home business-retreat-wellness enclave or other creative ideas. Flexible opportunities for conversion to boutique accommodation including motel, Airbnb, group residence or NDIS. Alternatively, enhance the building and create premium short and or long-term accommodation. Or why not consider creating a residence plus an income stream from stylish overnight or short-term accommodation. All of these uses would be contingent upon Council approvals. An Information Memorandum is available on request and inspections are by appointment.
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 25
- Bathrooms
- 0
- Parking
- 4
- Listed
- 1 week ago
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Put simply, big on space, blessed with views
Classic Charm, Smart Updates & Walk-Everywhere Convenience
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Within 5km