83-85 Otho Street Inverell NSW 2360

This landmark Victorian building, dating back to 1890, is a spectacular piece of Inverell’s history and holds a prime corner position in Inverell’s CBD.

Originally home to the Commercial Banking Company of Sydney (CBC); this iconic property is an exciting commercial and residential opportunity and is uniquely only one of two freestanding buildings in the CBD.

As well as housing the bank, the building provided a residence upstairs for the bank manager and family, and stables for their horses out the back.

A sense of grandeur can be felt throughout this property: sky-high ceilings with charming period details, cedar staircase, ornate marble fireplaces, stained glass, chandeliers and pendant lights providing a glimpse into the spectacular history. These period features very rarely seen these days have been beautifully preserved to now co-exist with contemporary upgrades necessary for modern living.

Imagine the parties and dinners that have been hosted in the formal lounge and dining rooms, with marble fireplaces, polished timber floorboards, crystal chandeliers, reverse cycle air conditioning and French doors leading out to the sunroom, which is wrapped in windows for beautiful natural light and to enjoy views of the town centre. Unique feature of this property is the maid’s bell that is still in the wall next to the fireplace!

Beautifully designed and sleek galley kitchen will meet all your modern expectations, while still honouring the heritage and style of the home. An abundance of storage, stone bench tops, dishwasher, double ceramic farm sink, large 900mm stove, and a classic grey and white colour palette.

Each of the 4 bedrooms are generous in size, with built-in or walk-in robes, as well as bedroom 1 also having reverse cycle air conditioning and stunning polished timber floorboards. Bedrooms are serviced by a tiled bathroom, comprising of glass shower, timber vanity and toilet. In addition to this is your separate 2nd toilet.

Private balcony is the perfect spot to relax and enjoy a BBQ or glass of your favourite beverage.

The ground floor of this building offers a large commercial space, currently occupied by a well-established medical business, and has done so for many years. Beginning its life as a bank, this space still has the large strong room and heavy safe door, marble fireplaces and dedicated street access, as well as 3 offices, kitchenette, bathroom amenities and a huge reception/waiting room. Reverse cycle air conditioning and wheelchair access complete this area.

Also downstairs is a brick studio, currently leased to a beautician business, or 5th bedroom. Containing beautiful, polished timber floorboards, and has access to a laundry/bathroom and parking area.

Original outbuildings have been preserved, including the brick stables with brick floor (plus a worn-down spot where the horses would rub their hooves!), old tack room with hay storage loft, storage shed with built-in bar and attic space with built-in cupboards, as well as additional shedding for storage. Direct access from the side street provides ease of access and off-street car parking in the double carport for residents, guests or customers.

Don't miss this chance to secure a unique opportunity offering both commercial and residential building with a rich history and character. This property offers so many options, from residing in the property yourself and retaining a commercial rent, to gaining both commercial and residential rental income. Contact us today to arrange an inspection. Inspections are by appointment only.

The land size of this property is a huge 1,133sqm.

Property Code: 959