The property is offered for the first time in many years and will be sold to a discerning buyer who understands the advantage of buying in a desirable location with exceptional upside. This property has provided its current owner with steady and ongoing revenue throughout the full cycle of the real estate market and will continue to deliver to its new owners for many years to come.
Summary
This is a very unique property with several distinct advantages including but not limited to;
•The desirable location – proximity to the strand – ocean beach – café’s •The strong recurring revenue stream •The current profit improvement initiatives in place to maximise returns •The scarcity of similar opportunities •Tightly held area •7 units with no Body Corporate involvement •Recent and thorough renovations resulting in excellent state of repair •Potential for capital growth •Redevelopment opportunities •Low market volatility
