If you have dreams of throwing in the ‘rat race’ and making a rural lifestyle change but still need to bring in an income, then a property on the market in North Nowra may offer the combination you need.
Located at 61 McMahons Road, the property features a large two-storey sand stock brick home with a profitable swim school business in the backyard.
On the market for around $1.1 million, the 1473 square metre property is zoned business/residential and offers potential buyers the rare chance to buy a lovely house while making an income from home.
According to listing agent Carrie Bond from South Coast Prestige Properties, purchasers could run the swim school themselves using current staff (the swim school employs five people) or could lease the pool out to someone who wants to run a swim school.
“It would be a significant living for the resident – the property creates a good return in a growth area,” Ms Bond said.
The property has been home to the popular swim school, Shea’s Swim School, for the past 37 years, and in that time has been used to teach thousands of children to swim. It is also a popular place for aqua aerobics, ‘Mums and Bubs’ and other swimming activities.
The swim school has its own private area and entrance and includes an office and change rooms as well as a 17-metre pool.
The home itself features three generous bedrooms, two bathrooms, an open plan kitchen, living and dining area with soaring cathedral ceilings and glass doors to the outdoor garden area.
“The property is located in a prime development area situated just minutes from shops, schools, and the beautiful Shoalhaven River offering stunning recreational opportunities,” Ms Bond said.
She said it is being offered on the market for the first time and also benefits from North Nowra really going ahead.