2 storey apartment block comprising 4 individual 2 bedroom 1 bathroom units.
Currently tenanted at $1000 per week or $52,000 p.a.
You not only get a great return but own a prime 856m2 piece of real estate land and its a corner block. It is approx 350m from the popular Safety Bay beach and with a major commercial and residential development project underway nearby future opportunities may present themselves.
Currently zoned R20.
It is being sold as one property on one title.