THE PALMS

Description

This property has numerous possibilities for a person with creativity, flair and vision!
Originally built in the 1950's, this solid brick home boasts 12 bedrooms, 3 kitchens, 3 bathrooms, 1 laundry & 1 lounge room, including outbuilding.
The buildings are situated on a large block of approx 871m2.
Currently operating as a Boarding house with exceptional returns. You could continue to maintain it that way or it could make the lucky purchaser an amazing residence or it does also lend it self to development and improvement.
With an outlook across the lagoon and playground, you may want to build townhouses and take advantage of being strolling distance to Dean St and the Albury CBD with its thriving restaurant, bar and entertainment precinct!
Floor plans for the main house attached, not to scale.