“This is solid bricks and mortar with perfect location.” This is a renowned block of holiday units for repeat clientele. The current owners have steadily put a lot of money back into the units over their years of ownership to not only get them converted to strata title but to also bring the condition & presentation to a high level.
And returns have skyrocketed recently with the “permanent type” letting to the incoming road workers on the Highway Bypass.
This is perfect timing – the Highway Bypass is about to bring hundreds of workers to the area next year needing long term accommodation while they build the new Freeway over the next 4 to 5yrs.
In fact, 2 units are currently rented on a long term basis to the preliminary road workers at: $450/wk & $300/wk. Plus, there are other road workers coming back to stay again shortly and there’s still plenty of workers yet to arrive. Get more workers in and you’ll be laughing!
Yes, this is a block of 8 strata units) – 1x3BR and 7x2BR units – so you can immediately sell off the units individually if you like.
You can live in one unit while you work the other 7 or, you can rent all 8! Or, you can sell off a few and rent the rest.
Low maintenance building, prime position – level stroll to the beach!
- 8 Strata Units (1x3BR & 7x2BR).
- Land size: 1,004sqm.
- 3 Street frontages.
- Double brick construction.
- Fire rated.
- Spacious units: exceptionally clean/tidy.
- Fully furnished: walk-in-walk-out.
- 7 carports, 1 garage.
- Magnificent location: quiet, stroll to beach.
- Rates: $7,182/pa.
After 10yrs the owners want a change of life and so this is your chance. And what a time for you to take over and get the best returns for the next 4 to 5yrs – you’ll be laughing! Call me anyday/any time to arrange your inspection.