A unique opportunity to purchase an income producing investment with possible development potential. (Not for individual sale-offered as a going concern). Currently privately leased as 6 individual rental premises with a Rental income of approx $58k, there are 4 x 1 bedroom units and 2 x 2 bedroom units each with an allocated single lock-up garage/ storage facility. Conveniently situated in Helen Street on a large 3786m2 level block, it is private and peaceful with a pleasant outlook of tropical surrounding gardens. The surf and sand of South Golden Beach is only a short walk to the end of the street, as is the general store for top-up supplies. Ocean Shores is within a 5 minute drive where there is a shopping and medical centre, tavern, community facilities, championship golf course and Country Club, and the tourist hub of Byron Bay just 20 minutes drive south.The category and scale of this site is one of the few remaining coastal properties along the eastern seaboard offering current and future development potential.