RLA183205

Behind its beautiful character appearance is a property with a fantastic investment return with the potential for even more. Currently the property consists of four tenancies equalling $660 per week.

Yes that’s right, $660 per week, broken down into three residential tenancies and one storage tenancy this large character home will suit a variety of investors or home buyers. With the scope to renovate and then add more to your weekly return, this property is one of a kind in its beachside location.

Currently the three residential tenancies consist of three one bedroom apartments each with their own living room, kitchen with adjacent meals, bathroom and large bedroom. Apartment three is the prime one in the group with the largest lounge room, adjoining sitting room and small study area. Apartment three also has heating and cooling plus its own open fire place and undercover carport.

At the rear of the property is an 8 x 7.6m garage with a two year tenancy of $100 per week in place.

Other features include separate storage area with laundry for each apartment rear clothes line area and ample parking down the side lane for cars etc.

A fantastic opportunity to purchase a great property with an existing high return. To be sold off as a whole, the choice is yours as to what to do with it next!