220W Hill Street

Walcha NSW 2354

Positioned on approximately 3.3 hectares (8.15 acres) in Walcha, 220W Hill Street presents a substantial landholding with an appealing combination of existing improvements, rental income and future potential.With R1 General Residential zoning and a 700m minimum lot size, the property presents an opportunity for developers and investors to explore its future potential, subject to council approval. The substantial landholding provides scope for a range of possibilities, making this a property worthy of close consideration.The existing property comprises a three-bedroom, one-bathroom residence together with a separate studio featuring its own bathroom and entry.The residence offers generous living spaces, a well-appointed kitchen, reverse-cycle air conditioning, a cosy wood fire and a fully enclosed covered deck. The separate studio adds valuable flexibility and could suit a range of uses.Outside, the property provides extensive garaging and storage, including a large shed, offering plenty of space for vehicles, machinery, hobbies and additional storage.The residence is currently tenanted, providing an existing income stream while the property's longer-term potential is considered.Property Highlights Approximately 3.3 hectares / 8.15 acres R1 General Residential zoning Three-bedroom, one-bathroom residence Separate studio with own bathroom and entry Currently tenanted Spacious living areas Well-appointed kitchen Reverse-cycle air conditioning Wood-fire heating Fully enclosed covered deck Large shed Extensive garaging and storage Significant development potential, STCA