Mayfield Mews cafe in Bowning and next door cottage a package deal

Australian literary lovers looking for inspiration with a passive income may be drawn to this Bowning property with strong ties to Henry Lawson and Andrew Barton “Banjo” Paterson.

A unique opportunity over adjoining titles offers at least two business options and an immaculately restored period home where the famous authors penned a number of works for The Bulletin magazine during regular stays between 1899-1913.

The historic Bowning store sits on one title with two spaces totalling 280 square metres. Mayfield Mews at the rear is a cafe and fully stocked gift shop set in the original coach house and stables built more than 150 years ago.

Next door is Albury House, built in 1857 and sympathetically restored while cleverly incorporating contemporary living needs with four bedrooms and two bathrooms. It’s packed with period features and resides in a gracious garden setting.

George Southwell of Ray White Rural Canberra & Yass says the opportunity would have equal appeal to an investor or an owner-occupier.

“An investor could maximise income streams through commercial and residential tenancies,” he says.

“Or live in the residence and rent the shop spaces. Equally, an owner-occupier might live in the house and operate both commercial spaces – there’s plenty of options.”

Southwell believes Bowning is now coming onto the radar of those exiting the bigger property markets as a transition into more relaxed lifestyles.

Bowning

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Price guide: $850,000-$950,000

Auction: 11am, August 22

Agent: Ray White Rural Canberra & Yass, George Southwell 0429 838 345