A brilliant freehold opportunity which is returning a strong 8% plus net return on investment.
Great tenants leasing a great property .
Consisting of a 4 bedroom home with built in pool accessed via a rear lane and the only general store with liquor license plus cafe, art gallery and a full newsagents license in Burringbar.
Holding a commanding position in the main street of Burringbar with no competition in the area why would the tenants not be happy to stay on for another 10 years with CPI increases every year?
This large parcel of land 1012m2 with rear lane access will only appreciate in value now that the area has gone onto sewer with a planned affordable land release in surrounding areas only benefiting the beautiful rural village.
Financials can be provided to qualified purchasers and an inspection will not disappoint.
Byron Bay 20 minutes and Gold coast 30 minutes with beaches 15 minutes what a great located property that is ready to sell to the astute investor keen to accept the passive return.