Seeking a substantial bricks and mortar investment with multiple revenue streams in a perfect holiday locale? Your search is over. On offer for the shrewd investor is a solidly constructed apartment block at North Entrance comprising three separately titled 2-bedroom units. Additionally, unit 1 features a large detached storage space currently let at $210 per week. That's four sources of income on one level, easy-care 552m2 block!
An efficiently planned floor space allows tenants to enjoy a leisurely lifestyle all year round without sacrificing creature comforts or privacy. Each unit comprises two bedrooms, bathroom and garage, with the two upstairs units featuring a verandah off the living space. Cool, neutral tones throughout, comfy hardwearing carpets and fresh & functional white bathrooms means the lucky buyer will have little upfront expense. The brick & tile complex is located equidistant from the golden sands of North Entrance beach and the blue water playground of Tuggerah Lake. Residents can take an energising walk across the bridge to the tourist mecca and namesake, The Entrance, or remain on the quieter northern side and enjoy fishing, boating, cycling, patrolled swimming or bushwalking in the nearby Wyrrabalong National Park. Two of the units and storage area are currently leased however will soon require renewal, providing flexibility for renegotiating leases. If you're hunting for a high return, low maintenance investment property on this eagerly sought coastal peninsula - we'll see you at the auction!
