23 Pym Street, Millthorpe, NSW 2798

LATEST
bedrooms 3
bathrooms 3
parkingSpaces 1
|House
Guiding $1,050,000
Guiding $1,050,000
Published on: 14 Feb 2025
Last updated on: 14 Feb 2025
23 Pym Street, Millthorpe, NSW 2798
23 Pym Street, Millthorpe, NSW 2798
23 Pym Street, Millthorpe, NSW 2798
+32
23 Pym Street, Millthorpe, NSW 2798
  • 32
  • 1
Property ID: 147007512
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Exceptional Retail & Accommodation Investment with potential 8.8% return in the Heart of Millthorpe

23 Pym Street, Millthorpe, NSW 2798
Whether you're an aspiring entrepreneur looking to launch your dream business or an investor seeking an income-generating property in a sought-after location, this offering has it all. With a landmark retail building and two stunning B&Bs, this is your chance to own a slice of Millthorpe's history while building a business and lifestyle that's second to none.

Nestled in the heart of Millthorpe on renowned Pym Street, the property is currently home to the well-regarded "PYM23" B&Bs and "Millthorpe Blue" fashion and homewares boutique. The area boasts a vibrant mix of boutique shops, cellar doors, and renowned dining destinations like Tonic restaurant, The Providore, and Old Mill Cafés.

Retail Space:
A spacious, stylishly renovated shop featuring an outstanding street frontage and curb appeal, versatile open-plan layout with multiple storerooms, updated bathroom, toilet, and kitchen with stove, fitting rooms and a large deck, ideal for a variety of retail or hospitality ventures. This retail space would return approximately $23,000 pa.  

Two Established B&Bs:
The Cottage: A charming retreat with two queen bedrooms, a fully equipped kitchen, spacious lounge/dining area, and modern bathroom
The Studio: A fully self-contained sanctuary featuring a queen bedroom, kitchenette, and stylish bathroom.
Both properties were beautifully renovated in 2017, set amidst a delightful cottage garden, and come equipped with reverse-cycle air conditioning, NBN connectivity, and the option to purchase fully furnished. Two off-street parking spaces, with ample street parking available nearby. The 2 BnB's return collectively $70,000 per year 

Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property Details

Basic Info

Property Type
House
Listing Status
On Market
Parking Spaces
1
Land Size
699.00 m2
Rooms
3 bedroom(s), 3 bathroom(s)
Address
23 Pym Street, Millthorpe, NSW 2798

Floorplans and tours

Floorplan
3D Tour
Lucas Ferrari
Lucas Ferrari
Hamish Robertson
Hamish Robertson
Professionals Ferrari Group
23 Sale Street, Orange, NSW 2800
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Lucas Ferrari
Lucas Ferrari
Hamish Robertson
Hamish Robertson
23 Sale Street, Orange, NSW 2800
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      Property ID: 147007512

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