This block of four two bedroom units represents a fantastic investment for the future. If you are looking for stable and increasing rental cash flows in a prime beach-side location set for growth, then you should consider this property. Situated in the Park Beach hub of Coffs Harbour, capitalise on this fantastic location being only 750 metres to beautiful beaches and even closer to shops and cafes. The complex has recently been strata titled which creates additional flexibility from a financing and future sale perspective. The cash flows are stable and the complex is currently achieving a gross rent of approx. $39,000 per annum, with the potential to increase some of the rents to market at lease expiry.
If you are looking for a medium to long term property investment on a larger scale in the high growth corridor of the NSW Coffs Coast, with stable cash flows and room for capital growth potential, then be quick and snap it up!!!