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

58 Ridge Street NAMBUCCA HEADS NSW

TWO FOR THE MONEY-Premises and unit for sale

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 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