Reduced $50,000. Located on an absolute waterfront block of land over 800 square metres in size with a 14 metre frontage to Black Neds Bay. The property comprises five flats – 4 x 1 bedroom and 1 x 2 bedroom. Located across from Swansea shops, this is a prime opportunity to secure a waterfront property with a constant income stream. Currently returning $680 per week, with the one bedrooms rented at $130 per week and the two bedroom $160 per week.This is a bullet proof investment. Use one as a weekender and rent the rest out. Inspection Strictly by Appointment Only.