Heritage Estate with Boutique Accommodation
One of St Albans' most iconic and coveted properties, the heritage-listed St Albans Courthouse, Homestead, and Stables, offers a truly unique business opportunity. Currently operating as a thriving boutique accommodation, generating a gross return of $190,000 in 2023, the property comprises three distinct dwellings with intriguing scope to expand.
Together, these properties draw guests seeking relaxation and adventure, with the business mostly managed remotely and supported by a team of long-term, experienced employees. This turnkey operation is primed to continue as a profitable venture with exciting potential, including the conversion of a 200 sqm shed into an elegant wedding or event venue (STCA).
The meticulously preserved circa 1890s Courthouse retains its original charm, with luxurious updates like underfloor heating in the former holding cell bathrooms. The Homestead, flanked by timber wrap-around decking, is perfect for larger groups, while the Stables studio offers rustic, self-contained comfort. A heated mineral pool and additional rural infrastructure enhance the property's appeal.
Included in the sale is a rare and valuable water access licence, a significant asset in itself alongside the established business. Set on over 12 flood-free hectares, this remarkable estate offers stunning views of the Macdonald River and the scenic St Albans Valley, just steps from the historic Settlers Arms Inn.
Features: - Iconic estate boasting 12.3 hectares of flood-free land opposite St Albans village - Three turnkey boutique accommodations offering ample returns - Highly valuable and rare water access licence plus a 3-acre arable paddock - Scope to expand, converting a shed into a wedding or event venue (STCA) - Heritage-listed sandstone Courthouse: 4-bed, 2-bath, with underfloor heating
Courthouse Stables: rustic charm, privately positioned self-contained studio - Country-style Homestead: 5 bedrooms, all with ensuites, and wrap-around deck - Heated in-ground mineral swimming pool overlooking the valley below - Over 200 sqm steel shed providing plenty of storage space
Contact your friendly Cutcliffe agent today for more information.