58 Ridge Street NAMBUCCA HEADS NSW
TWO FOR THE MONEY
Combining two income streams consisting rental from a two bedroom residential unit and a popular local restaurant, this property will meet the needs of any number of investors. Both rental situations are in long-term lease and provide a gross return of $35,000 annually to the current owner. Additional vacant land at the rear may be suitable for further development or parking on this R3 Medium Density zoned property, close to beaches, and on the sought after east side of town. The restaurant is one of the busiest eateries in Nambucca Heads, and always popular with locals and visitors since opening here almost five years ago. The residential unit on the lower level is roomy and comfortable with a covered outdoor area, two bedrooms both with built-ins and ceiling fans, a large bright bathroom and fully fenced yard. Call Tracey Brown for more information.