12 Gnoilya Street, The Gap

An outstanding opportunity is on the table to acquire this 25 unit complex that has a proven track record for occupancy and scope to bolster the sites presence.Features of the site are- Eleven 1-bedroom units- Thirteen studios- One manager's residence with three bedrooms- 2,270 square metre block with three street frontages- Secure fencing- Swimming pool- Gross rental potential of over $380,000 per annum- Zoned – TC Tourist CommercialProperties like this don’t come up that often that offer options of re-sparking a motel business or continuing along the current operational style. Council Rates: $42,289.00 p.a.