A rare opportunity, first time offered for sale in 17 years, this beachside location with 9 freehold units generating an income exceeding $135,000 per annum.
Each of the 9 two-bedroom units are furnished and are rented to full time tenants, current vacancy rates in the area are as low as 0.5% and rental yields climbing.
The beachside location could also provide the opportunity to develop a short term holiday letting or Airbnb business.
Inground pool and ample off-street parking.