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Luxury Four Bedroom & Two Bathroom Australian House On Sale - Ref 625298

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House/Villa Description

The vendor of this estate has reduced this property.

The property is earning an income of around 8% plus and climbing each year, and is a tax haven to the resident.

Tax haven with govt planning approval for future business development

Property has great potential for future expansion or as a boutique style property, with Government Planning Approval for up to 15 (fifteen) individual business outlets and executive residential cottage, or owner/operator/live in Artist Retreat and Galleries or Health and Wellbeing Centre. The choice is yours!!

Financials and govt planning approval will be sent to serious enquiries.

Norfolk Island being an External Territory under the Commonwealth of Australia, has its own Immigration Laws for permanent settlement. The purchase of a Business in Norfolk Island will give you an extra bonus when applying for Norfolk Island Residency, where you can live on the island as long as you like.

Australian income tax is not payable on income derived from within the Territory. ...

This island business centre has Government Approval and set up for up to 15 (fifteen) individual business outlets plus executive residential cottage.

Features of this magnificent property includes:

Storage for over 20,000 gallons of fresh rain water.
Underground supply of fresh spring water with a pump flow rate of 340 gph.

Cafe with seating for 40 persons, plus outdoor eating area, includes commercial licence.

Main building over 200 m2 with separate function rooms.
Polished exposed timber floors.
Business/outlet with its own cool room and separate commercial kitchen.
Sub level bar/entertainment area, including tunnel made from recycled champagne and wine bottles.
Water fountain.
Water wheel and gold fish pond.
Large Norfolk pine burl.
Large historic Norfolk pine slab.
Olive timber archway.
Separate toilet block -male/female/wheelchair.
Environmental sewage treatment plant.
All ramps, no steps throughout the property.

Separate Cottages & Business Outlets:

7 (seven) x stand alone cottages with covered verandas, each has Government Approval and setup for
2 (two) separate business outlets.

Several cottages includes: its own spa bath and toilets and gas heaters.
Separate electricity control room, telephone, internet and mobile phone.

Property is landscaped to highlight original convict stonework.(this is important).
Includes a range of fruit trees: banana, peach, pawpaw, cherry guava, macadamia nuts and grapes.
Wrought iron features through out.
Parking for 25 vehicles.

Options:

Freehold Property may come as a stand alone property and buildings or purchased along with a number of registered and existing businesses including: Rock Cafe, Jail Haus Rock Lounge, Narwii Day Spas, Norfolk Island Military Museum, Art Gallery, Clothing outlet and Cultural Centre.

This 3900 m2 freehold property also has significant historical value to Norfolk Island as we draw to a "World Heritage" status based on the convict colonial era.

History of Property:

This property is the original home site of John Drummond, First Fleeter and crew member of HMS Sirius. Drummond was a Master Gunner, then Beach Master for Norfolk. A most important and trusted position. Drummond was also a founding member of the first Masonic Club in Australasia as member of the St. Johns Lodge No: 1, which commenced here in Norfolk Island. Masonic meetings would have been held on this property in 1790s and early 1800s.

Drummond, a free settler after the wreck of Sirius in 1791 was granted this land by Governor Phillip Gidley King, created his home on this site called Drummonds Run. This property also appears on all period maps of Norfolk. Similar Runs were: Proctors Run, Philemon

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AU$890,000 |  €723,871  |  £605,627  |  US$961,880
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 625298 
Town Norfolk Island 
Province New South Wales 
Country Australia  
Type House
Bathrooms
Bedrooms
Category Re-Sale  
Listed over 1 year ago
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Price: AU$890,000

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Purchase this House/Villa in Norfolk Island for

AU$1,879p/m

(75% LTV, 9% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Norfolk Island, Australia

Property Type Min Price Max Price Median Price
(All prices in EUR) Norfolk Island Australia Norfolk Island Australia Norfolk Island Australia

* Calculations based on 0 properties for sale in Norfolk Island and 0 properties for sale in Australia




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