‘Rosemary Lodge’ is a rare and unique opportunity to acquire a 4-bedroom house plus 10 x 2-bedroom income producing units approximately 150 metres to Coffs main surfing beach. Zoned 2E Residential tourist with potential to redevelop to a 4 – storey multi dwelling complex. Positioned on a 2238 square metre level block with undercover parking and in-ground pool. Fully furnished and ready for holiday or permanent letting.
Current estimated rental return is $130,000 pa (without improvements)
Current Council Rates: $8316 pa approx.
Current water rates: $2000 PA