61 Orr Street
Queenstown, TAS 7467

This property is a charming and versatile residence located at 61 Orr Street in the historic town of Queenstown, Tasmania. It offers a unique layout comprising three bedrooms and two bathrooms, designed as two separate living units sharing a common wall. The rear unit features two bedrooms with wheelchair access entry and a shower designed for disabled access, providing comfortable and accessible living accommodations.

At the front, there is a one-bedroom unit furnished with a queen-size Huon Pine rustic bed, currently operated as a bed and breakfast (B&B). This setup presents an excellent opportunity for a single occupant or couple to enjoy the warmth and character of timber surrounds while generating rental income. The B&B at the front can yield at least $20,000 per annum, with the potential to earn more, making it a viable investment option. If the property is used solely as an investment, the net income could exceed $30,000 annually.

For those seeking a single-family home, there is the possibility to create a new healthy timber home by cutting a door between the two units, merging them into one cohesive living space. This flexibility allows the property to cater to various lifestyle needs and preferences.

Situated on the main street, the property is conveniently located within a short walking distance to all essential amenities including shops, train and bus services, parks, and the hospital. The location in Queenstown offers a picturesque and historic environment that enhances the living experience.

This residence is a delightful reminder of the past with a multitude of choices for living or investment. It combines accessibility, income potential, and the charm of timber construction in a prime location. Prospective buyers are encouraged to verify all details independently to ensure the property meets their requirements.