EXCLUSIVE - TIDY HOME AND INVESTMENT OPTION CLOSE TO TOWN

Exclusive to Norfolk Island Real Estate is this 3 bedroom, 3 bathroom house in a great location down a quiet street close to town.

Situated towards the end of Mitchell’s Lane, the house has a unique and enticing floor plan which lends itself to the option of separate living. As you enter the home there are two separate door ways – to the left you are drawn into a neat dining/lounge/kitchen area leading to main bathroom, laundry and double sized bedroom with excellent storage. The bedroom opens out onto a huge undercover deck. From the deck, there is further access to a large bedroom and ensuite.

From the second front entrance, there is access to a 2 storey self-contained apartment with kitchen, dining, bathroom and living downstairs and a loft style bedroom upstairs. This area also has access to the large under-cover deck. The deck itself is a wonderful living space –  regularly used for outdoor dining and relaxing.

The home sits on a quarter acre of land – planted out with bearing fruit trees, two tanks totaling approx 15,000 gallons of water storage and established vegetable gardens. There is a large shed for storage and a car port at the front of the house offering easy, undercover access. 

The property has excellent options and would be ideal for multi-generational living. A few smart amendments to the floor plan could open up a world of opportunity – create two apartments and get excellent returns (a one bedroom and a two bedroom apartment could return easily $350 / week rental income or more) OR open the two separate areas up into one large and beautiful family home in a great location.

Either way, the price tag on this home screams good value, options and opportunity!

Here is a summary of the features of this exciting property:

  • Close to town
  • over 15,000 gallons of rain water storage
  • Potential rental income of $350 p.w. with the option to rent out both the bottom storey and the top storey with its separate entrances.
  • Bearing fruit trees and room for a vegetable garden
3 3 1
Address 18 Mitchells Lane, Norfolk Island
Price $349,000
Property Type residential
Property ID 261
Category House
Land Area 1,036 m2

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Angie Andresen

02 9188 4024
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