11A Buchanan Street, Devonport, North Shore

Tenders closes 16th October - All offers invited

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Built as a single dwelling in 1924 and converted in the 1980s, these two self-contained studios offer an array of appealing options. On a separate title from the two-level house in front, they are available to purchase along with the house.

Favourably consented for commercial accommodation in a residential zone, they have been operated as Devonport's only motel for 30+ years, successfully attracting tourists, business travellers and other visitors. You can continue operating this established business for a healthy income boost or consider offering longer-term rentals. Alternatively, it's perfect for multi-generational living, or simply a space from which to work, removed from the main home. A bonus for many will be the large workshop/shed.

The owner has advised the income as circa $80,000 per annum. There may be potential to increase this with a tight operator.

A rare find in the heart of Historic Devonport village, 5-minutes' walk from the beach, parks, library, cafes/bars/restaurants, New World supermarket and a fast ferry service to the CBD.