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Tell us what it's worth ladies & gentlemen!
This unique freehold title double block beachside property is currently generating a gross rental return of circa $162,000 per annum Perfect scale investment for SMSF and investors chasing solid rental yield with potential future capital growth in a prime investment location on the Coffs Coast. Start planning a future substantial property development STCA on this very large footprint of 2,238 sqm zoned R1.
- Prime Park Beach Investment Opportunity
- Ideal investment for SMSF or investment trust/syndicate
- 2 storey brick home with office and 10x2 br units
- 10 units + main house currently rented at approx. $162,000 per annum
- Torrens title 2 blocks totalling 2,238 sqm Zoned R1
- Common facilities include pool & BBQ area
- Passive investment sit back and collect the rent
- Options galore with future development potential STCA
- Fantastic location short walk to Coffs creek, Park Beach, Bowling Club, Surf Club, Hoey Moey Pub