“A” GRADE BEACH POSITION. CURRENT HIGH YIELDING HASSLE FREE INVESTMENT WITH REDEVELOPMENT POTENTIAL.
9 BONG BONG STREET KIAMA.
Positioned opposite Kiama’s Main Surf Beach with access and unobstructed views over surf and sand. Existing 17 room Motel in the Heart of Kiama’s Beach District with short walk to Kiama’s Boat Harbour, Main Street Shopping and Electric train service.Currently returning in excess of $250,000 (approx) per annum nett with potential for further increases. Hassle free investment with excellent returns including long term employed management of Motel business. Level scenic site with current D/A approval for luxury residential unit development or retain as is as long term investment with income. Further information available on request.