Sitting on approx 5 acres on the edge of the Port Stephens’ town of Karuah is a combination of residential units plus an existing 100 seat restaurant. One unit features 3 large bedrooms, a huge living space and 1 bathroom – currently rents for $400 per week; there is another 2 bed unit renting for $220 per week while the owners run the restaurant which trades as Zorbas. Owners are willing to lease back the restaurant for 2 years @$400 per week adding up to a potential immediate return of $1020 per week. The restaurant is a large entertainment space with full commercial kitchen, cool room and takeaway serving area. There is also an outdoor space for functions like weddings etc. There is an office that the owners currently use as accommodation; and full bathroom. Out back is a loading dock area while underneath there is separate banks of showers and toilets that once used to serve parked truckers needing to freshen up and have a break. All this on 5 acres of land with fenced parking lot. Huge opportunity to turn into a resort function area; conference centre; drive through coffee – the potential is enormous. With immediate income available this is a great opportunity to cover costs while you plan the next transition. Keen vendors – call today.