Need to Invest? Want to Build a home with a passive income? Maybe need a new Business Premises? Time to have a look at this outstanding multi-tenancy block on the Ross Highway with versatile zoning.
There are 12 units on the block that have maintained high occupancy levels over the years making the site an attractive investment. The alluring opportunity has the potential to either further expand on the current investment model or look at building a home out of town with an attractive passive income.
On the eastern side of the block sit 6 units, five single bedroom units and one three bedroom unit. To the north, there are two slightly larger units, a single bedroom and a two bedroom, and there are an additional three units, a single bedroom, two bedroom and four bedroom, on the western side. There is also a sizeable shed located near the middle of the allotment.
Being a spacious 5 acre block located a short 8 minute drive to the Central Business District with Tourist Commercial (TC) zoning, this offering provides scope for a multitude of uses.
This property is being offered to the market by Expressions of Interest closing 12PM Friday 22nd October 2021. Please contact Sam Linn for further information.
Council Rates; $12,109.32 p.a.