Rare opportunity to secure a mixed usage block of 5 complete with:- 2 x 2 bedroom & 1 x 1 bedroom self contained flats plus 2 x shop frontages. Also includes individual laundry facilities, garage plus double carport & situated in a prominent location.
The solid brick construction with off street parking access to the rear and additional on street parking at the front door could be suitable for a myriad of uses (STCA) or redevelopment.
With a potential gross rent in the vicinity of $645.00 per week (approx.) and further potential depending on usage, occupancy & or renovations. This property certainly offers a diverse investment opportunity without putting all your eggs in the one basket.
With a prominent exposure for commercial / shop possibilities (STCA) this is a prime opportunity for an entrepreneur who requires convenience, exposure & a village lifestyle as prerequisites.
Handy to primary school, parks, lake, ocean, bus transport & with Warrawong CBD/ Westfield minutes drive away, it's easy to see why Primbee is regarded as one of the Illawarra's premier lakeside suburbs.
Rent as is, live in or renovate & capitalise, the choice is yours!
