41 Bacon Street, GRAFTON
$949,000
   $949,000

"The Rosary" c. 1905 - Historic Northern NSW Bed & Breakfast

Built shortly after the turn of the century (1905) for George E. Hockey, son of one of Grafton's earliest settlers Mr Edmund Hockey, "The Rosary" at 41 Bacon Street has deep historical ties within this northern rivers community. George, an avid rose grower in his time, had hundreds of established roses which he would give to lucky young brides and twice a year he would open up the gates to the public for display. As the story goes, this would be how this charming property came to be named affectionately, "The Rosary". Over one hundred years later to present day, this captivating Federation style bungalow is without question one of Grafton's most unique and finest properties and is once again available for purchase.

Our proud vendors have painstakingly restored and improved this remarkable property over the past four years. It is, after all, their primary source of income, pride and joy. Unlike many other heritage properties of this era, "The Rosary" is being sold as a fully operational bed and breakfast as a going concern with bookings already made for guests up until November next year. If you have considered a career in owner operating your own guest accommodation business this property provides you with a walk up start with an exceptional rating on Booking.com.

There are four fully self-contained guest bedrooms, each with ensuite bathroom and basic kitchenette facilities. Three return $130 per night and the fourth smaller room at $120 per night. Fully booked, you will earn yourself $510 per night. As part of the guest accommodation there is also a formal shared lounge with separate sunroom. Classically styled throughout with old world features, this property offers a unique and exclusive inner city experience for visitors that regularly generates repeat business.

Separated at the rear of the ornate and alluring wide hallway you will find the owners residence consisting of two bedrooms, master with a walk in robe and ensuite, large well appointed kitchen and an exceptionally spacious open plan sunken living area. Stacker doors open from here to bring the outside in, with a wide covered verandah that overlooks the meticulously manicured grounds and in ground swimming pool.

Another remarkable value add benefit is the shedding and storage available. There is a huge 12x7m shed, another large double garage, single garage and carport in the backyard plus a carport at the front entry. Not to mention there is also another storage/workshop space with another bathroom.

You should also consider the sheer size of the block. Over half an acre of land (2,649m2) with rear access via Bridge Street. You could potentially subdivide and sell the back block to free up some funds, subject to council approval.
Or just keep it all for yourself.

Presented in outstanding order, 41 Bacon Street is simply a sight to behold. All the hard work has been completed ready for new owners with unbridled enthusiasm to take this profitable business venture and historic residence into the future.

Inspections are strictly by appointment only. Contact Tyler Marsh on 0487 422 229 today.

INSPECTION

  • By appointment

Floor Plan

Floor Plan #1

Location

41 Bacon Street, GRAFTON

Agent

TYLER MARSH

Having commenced his real estate career in early 2012, Tyler prides himself on high levels of communication and customer service with his clients at all times. With strong...

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