The only thing wrong with this old 1 bedroom beach shack is that it’s old and only has one bedroom – other than that it’s perfect. Located in a beautiful coastal village and only a 3 or 4 minute walk to beach and a 1 minute stroll to the Cabarita Lakes the beachside shack would be ideal as a weekender or surf shack. Situated on a flat 614m2 block with a 2bmedium density zoning (suit duplex/triplex) the property is absolutely terrific value.

This is one of those properties that you will drive past in years to come and kick yourself for not buying it. The ‘old girl’ is not looking too bad of late either. A recent internal renovation has her looking quite dapper and very rentable. You could expect up to $15,000 per annum as a rental return and watch your investment grow – ideal for the mum and dad investor or small developer type. Featuring 2 living areas and an as new kitchen downstairs and upstairs to the penthouse which comprises of a large bedroom and study.

Illness forces the sale and you just couldn’t go wrong if you have a little patience. For inspection please call Jamie Wilmen at Owner Property Group on 0422617773 or email jamie@ownerpropertygroup.com.au

DISCLAIMER: The information contained here-in has been provided to us by the Vendors. This Agent does not represent the property as to its accuracy and recommends that any purchaser make their own investigations and enquiries. All images are indicative of the property only.