BLUE CHIP INVESTMENT, CENTRAL LOCATION, INNER BAIRNSDALE

161 Nicholson St, Bairnsdale, 3875

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359,000 AUDEst. Mortgage: AUD 2,523/monthFor Sale
  • Ownership Type House
  • Property Area 425 sqft
  • Bedrooms 2
  • Bathrooms 1
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Courtyard
  • Open Spaces: 11
  • Pay TV Access

Property Overview

FULLY RENOVATED 2 BEDROOM COTTAGE, COMMERCIAL CAR PARK, ON APPROXIMATELY 425sm OF PRIME INNER CBD REAL ESTATE.

Central inner Bairnsdale location with existing carpark lease and short term rental income providing a steady 10% return annually, this property has the ability to take on more short term rental and with the busy Christmas season on the doorstep now would be the right time to purchase! Bairnsdale also has a high demand for long term rental options and this property would lease like a dream!

- Exceptional location for Accommodation (would rent easily to long term tenant also)

- Good future landholding with inner CBD location

- Excellent return on investment with minimal input (lease the cottage permanently and have a set and forget income)

- Multiple future development opportunities S.T.C.A.

BLUE CHIP PROPERTY WITH PROVEN INCOME RECORDS, FULL DETAILS AVAILABEL THROUGH BRET WARD REAL ESTATE, PLEASE CONTACT LUKE OAKLEY FOR MORE INFORMATION.

Property Code: 994

Location on Google Map

161 Nicholson St, Bairnsdale, 3875

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