The only commercial complex in Pearl Beach is now on the market for sale.
Featuring a restaurant/cafe, a supermarket, a real estate agency, two luxurious 3 bedroom beachside apartments and underground parking for 14 cars, this rare opportunity to move into the lucrative Pearl Beach market is now possible.
Apartment 1 is 25 squares featuring 3 queen size bedrooms all with ensuites, a large covered entertaining terrace overlooking Pearl Beach and currently returns $3,300 per week in holiday rental.
Apartment 2 is 35 squares also featuring 3 queen size bedrooms all with suites, a separate study, a loft for the kids, huge wrap around terrace overlooking the beach and large open plan living areas. This property is currently tenanted for $500 per week.
The downstairs commercial properties are strata titled into two tenancies; a 80-100 seater restaurant and supermarket and secondly a real estate agency practise. Both tenants are on long term leases providing excellent returns to the owner.
This property could easily be retained as is or inexpensively converted into the only BandB in the area providing further returns for the owner.
With local residential property prices continuing to set records, this blue chip investment provides income and lifestyle!
For further information contact Garth on 0414 339 118.