Call Troy Sargeant on 0428 170 572 regarding this “Blue Chip” investment on the esplanade of the very popular seaside town of Tumby Bay located some 50kms north of Port Lincoln and only a short 40 minutes by plane from Adelaide. The town has enjoyed continuous growth over the past decades and consumer confidence is at an all time high.
These four (4) two storey townhouses are utilisied for holiday rental / company reps. and offer a great alternative to hotels, caravan parks. The return on the properties was approx. 6% last financial year and the occupancy rate of around 60%. These figures can be improved significantly should you wish to advertise more aggressively.
The property is being sold on a walk-in walk out basis with all chattels included such as furniture, whitegoods, electrical, linen, crockery, cutlery etc.
The townhouses comprise all living downstairs with open plan kitchen, lounge, dining, laundry and 2nd toilet whilst upstairs are 2 bedrooms, superb bathroom with spa bath and a balcony which takes in some breathtaking views of the Tumby Bay shoreline.
There is secure parking for each townhouse and a common BBQ area for the occupants.
Enjoying the prime beachfront location in Tumby Bay and with all the major facilities at your fingertips this is a great chance to invest in a thriving seaside town.