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Property ID: 17879321 | Status: current
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REDUCED $595,000


DUAL INVESTMENT OPPORTUNITY - Premises and unit for sale

This property presents a lucrative opportunity for a savvy buyer who would like to invest in property in this beautiful part of the world.Consisting of two income streams from a two bedroom residential unit and a very popular local restaurant. this property will meet the needs of any number of investors. Both are long time tenants and provide a gross income 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 six years ago. The residential unit on the lower level is light and airy in its open plan with lovely french doors that open up to the private covered deck.Two bedrooms both with built-ins and ceiling fans, a large bright bathroom with a corner spa bath and a fully fenced yard. Call Briar on 0421 037 515 for more information. All information contained in this document is derived from sources we believe to be reliable. However we cannot guarantee it’s accuracy and as such it is highly recommended that prospective purchasers carry out their own due diligence, investigations and research.

Agent Details

Briar White
(02) 6598 6000
0421 037 515