959 Cape Clear-Rokewood Road

Illabarook VIC 3351

Character, charm and history - tick that off your chalk board! Offered as a whole and sitting on 8147m2 (just over 2 acres), this property certainly gets your taste buds flowing! Not only is there a residence within the surrounds of the beautiful Cape Clear region, there is an opportunity here to form a unique B&B or run a studio/gallery right on your doorstep (STCA). Currently leased to an excellent tenant at $260 per week on a month to month basis, the residence (with three bedrooms and two living areas) creates an immediate return for your investment, while you can concentrate solely on the perfect business or side line for the fabulous former school building to the side. The State School (No 722) which dates back to the 1900s, provides four rooms including the entrance, the main living area with open fire and corner kitchen, a second living room or main bedroom with further fireplace, plus a modern bathroom combined with the necessary laundry facilities. Updated with; stainless steel appliances, timber floors, enough cabinetry for short stays and the beauty of the voluminous ceiling heights of its initial construction, this school is truly an amazing slice of history to behold. The grounds are mostly cleared with a few established trees and shrubs, with little more than grass to mow and views to take in. Situated just 35 minutes south west of Ballarat between Cape Clear and Rokewood, this property is Zoned rural living under the Golden Plains Shire, with no Heritage Overlay or National Trust in place. Just 10 minutes drive from the bustling hub of Smythesdale (where a supermarket, chemist, primary school and general store are available), while a little further on is a hotel at Cape Clear with school bus pick up to Ballarat. Tank water and septic are still in place to both buildings with a carport available for vehicle cover. Be one of the first to inspect by arranging a private tour of this historic beauty!