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23 Pym Street, Millthorpe, NSW 2798, 3 Bedrooms, 3 Bathrooms, House
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Guiding $1,050,000

23 Pym Street, Millthorpe, NSW 2798

3
3
1
699m2
HouseListed on Fri Jan 17

Millthorpe 3 Bedroom Exceptional Retail & Accommodation Investment with 8.8% return in the Heart of Millthorpe

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 Caf?s.

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

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$238,000
Land690m²
Planning ZoneVillage
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Lot Size450 m²
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Millthorpe Public School
0.36 km
Primary
K-6
Government
icsea: 1047
Blayney High School
11.17 km
Secondary
7-12
Government
icsea: 951

Property history

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Millthorpe surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
36 Victoria Street, Millthorpe
0.20 km
5
2
-m2
Year 2024 Month 12 Day 11
-
Council approved
6 Hawke Street, Millthorpe
0.36 km
2
1
-m2
Year 2024 Month 11 Day 20
$670,000
Council approved
25 PILCHER ST, Millthorpe
0.29 km
3
1
-m2
Year 2024 Month 11 Day 10
$457,500
Council approved
15 ELLIOTT ST, Millthorpe
0.05 km
5
2
-m2
Year 2024 Month 08 Day 26
-
Council approved
6 Crowson Street, Millthorpe
0.29 km
3
1
-m2
Year 2024 Month 08 Day 11
$620,000
Council approved

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Ref:1P4310Last update:2025-01-17 11:31:23