House for sale

61-65 Cliff Street,

Portland, VIC

11 8 5
$2,495,000

Rare Opportunity - Endless Possibilities

Enviably located in the municipal precinct of Portland overlooking the main foreshore and busy Port area, these dwellings are situated on approximately 2984.2m2 and offer a rare opportunity for a CBD development (STCA) or restoration project. The property includes two dwellings situated on one lot, being a residence known as 'Seafarers', currently operated as a holiday accommodation property suited to group bookings, together with a second and separate dwelling referred to as '61A & B Cliff Street' which has been set up to accommodate two separate long term leases and a third dwelling, referred to as '65 Cliff Street', which is situated on its own fully fenced block and is currently tenanted on a long term basis. 'Seafarers', originally built in the late 1800's as a guest house, sits on a bluestone slab and has what appears to be three-brick deep exterior walls and double brick interior walls, which, along with very high ceilings ensure the building stays naturally cool in summer. Other features of the era include bluestone window sills, three private phone booths, a sitting room and a library. 61A & B is a double storey brick veneer building constructed in 1985. The ground floor includes a one bedroom unit with combined kitchen/living area, bathroom with laundry facilities and a double garage. The upper level comprises a two bedroom apartment. Each bedroom has a designated bathroom and the living areas are spacious with gas heating. 65 Cliff Street is a substantial home offering high ceilings, extra large living spaces, a modern kitchen, reverse-cycle air-conditioning, gas heating, loads of sundry shedding, a cool room and an outdoor deck with stunning views of Portland Harbour and the foreshore. This property offers an outstanding position with a rich history and a multitude of possibilities to the astute investor. A full copy of the inventory and current rental return can be obtained by contacting Michael Goldby on 0409 527 029 or 03 5523 2200.

Property Code: 404583710
Last updated: 05:08PM on Nov 28th 2017
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111 Bentinck Street
Portland VIC, 3305