48-50 Wason Street

Milton, NSW 2538, Australia

6 bed 5 bath 1 car1203.3m²

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Based on recent comparable sales in Milton

+6.2% suburb growth over 12 months

🏫

8.4/10

Schools

🚇

87/100

Walk Score

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+6.2%

Growth

🛡️

9.1/10

Safety

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About this property

Fabulous Historic Investment Opportunity in the Heart of Milton Discover a rare and remarkable opportunity to secure a piece of Milton's history. King House (circa 1885) and the adjoining Wallace Warden units sit proudly on a generous 1,005m² corner allotment, just 100 metres from Milton's vibrant boutique shopping and dining precinct. This exceptional property offers flexibility and potential, whether you're seeking a lucrative investment, a thriving business venture, or a character-filled home or holiday retreat with additional income potential from the 4 units. King House has been beautifully renovated while retaining its timeless heritage charm. Featuring a new modern kitchen and bathrooms, original fireplace, stunning hardwood floors, two spacious living areas, dining room and two bedrooms, it blends period elegance with contemporary comfort. Complementing the residence are four renovated studio apartments, each currently leased at approximately $340 per week, providing an immediate and reliable income stream. Set across two titles, the property enjoys expansive green spaces bathed in northern sunshine, capturing breathtaking escarpment and rural views from multiple vantage points. Additional features include: * Single carport * Garden shed * Storage room * Shared laundry and separate male and female amenities With long-term tenants eager to remain, this is a secure and versatile investment, equally suited to those looking to expand their portfolio, launch a creative business, or create a unique holiday destination steeped in history and charm.