73 Caveat Street, Bombala

Bombala Literary Institute, aka 'School of Arts' is located in Caveat Street, Bombala NSW. It is currently open to expressions of interest. The facia of this building is quite distinctive, the rest is a brick and wood structure, it dates from 1865 and is heritage listed. When you walk around the building you can feel the history. The building is in need of repair and the current owner is looking for someone to take on the challenge. Buildings like these are rare in country towns and the Literary Institute holds many memories for the locals. The original stage overlooks the Auditorium. Above is the original balcony where the first-class patrons would have taken in whatever was playing. From the balcony there has access to the catwalk in the roof cavity. The building also has a front of house lobby and reception area and at the side is a large room where possibly patrons meet before and after performances. This also provides access for deliveries. This School of Arts building is a real gem. Despite the property requiring a lot of upkeep, it offers immense potential to be transformed into something truly special. This property is part of a complex which includes a duplex home and ten units. The rental returns on the home and units total $1090 per week. The vendor is open to discussions in regard to the possibility of subdividing the School of Arts from the other properties. This would all be subject to Council approval. If you would like to discuss the property, please give the office a call on 02 64526121 or Contact Craig on his mobile 0414865922