You don’t see this very often. Investors, you need to JUMP! Current projections suggest a yield of 4.5% – considerably better than the banks are offering!
3 completely self contained units, all on one title (top unit with ocean peeks). Less than 400m flat walk to beach and shops from this quiet residential cul-de-sac. Fabulous location!
And the property allows you the capacity to rent out two and live in the other? Rent out all three and get a steady income? Permanently rent? Holiday or AirBNB? Or review the previous plans see what your current options might be for a redevelopment?
Current Dwelling:
Three individual units operating under existing use rights all with separately metered power;
Unit 1- one bedroom ground floor self contained studio
Unit 2- two bedroom first floor ocean and district views
Unit 3- two bedroom and office top floor ocean/district view
Projected weekly rent of $1,160
Call Carol on 0438 802 648 for more details
Close to Schools,Close to Shops,Close to Transport,Garden,Formal Lounge,Separate Dining