Investment buyers dream!

Address Available On Request, Broadwater, 2472

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Contact for PriceFor Sale
  • Ownership Type House
  • Property Area 804 sqft
  • Bedrooms 6
  • Bathrooms 2
  • Furnished No
  • Last Updated 20th Aug, 2022

Amenities

Feature that provides comfort, convenience, or pleasure
  • Balcony
  • Deck
  • Fully Fenced
  • Garage: 2
  • Secure Parking
  • Shed
  • Built-in Wardrobes
  • Floorboards
  • Living Areas: 2
  • Workshop

Property Overview

To enquire, please email or call 1300 815 051 and enter code 8850<br/><br/>3 separate Rentals! 1 property! <br/>Approximately 10 mins to Evans Head, 15 mins to Ballina, 30 mins to Byron Bay, 60 mins to the Gold Coast, and less then 5 mins from Broadwater Beach. Only 80 metres from the River & boat ramp access 900 metres around the corner. <br/><br/>Located in the village of Broadwater holding a commercial residential title (zone Ru5) the property has a variety of uses. Currently set up for residential use with the option of commercial use if desired. The 1900-built hardwood building has been completely renovated & consists of two levels. With a three-bedroom flat upstairs boasting polished timber floorboards, high ceilings & an outside servery onto a large hardwood wrap-around verandah. This home has a complementary blend of the old & the new that makes it truly unique. <br/><br/>Upstairs flat is currently rented for $650.00 p/w. Downstairs is suitable as another 3 bedroom unit totally separate, has just had its own brand new power meter installed & Currently installing a brand new open plan kitchen. Once completed this flat will be rented at $500-$550 p/w If the property is not purchased beforehand, A 3-month lease will be put in place giving the buyer the option to renew the lease themselves or the tenants be given notice to vacate upon the sale of the property if required. The 3rd section of the property has a 16x6 metre brick shed with power & water plus the potential option of connecting a 3rd power meter making this section of the property ideal for a separate commercial rental To maximise rental income. Potential rental income $300+ p/w. <br/><br/>There is already a 3rd power meter installed (not connected) but the shed has its own sub-board. The power for downstairs & the Shed are currently on the same power connection & will be rented at a slightly higher price with utilities included. This simplifies the separate use of the shed by a 3rd party. All 3 sections of the property are separately fenced, the block is 804 sqm and will be available for inspection from the 11th of September. All enquiries & questions are welcome. <br/><br/>Expression of interest. <br/><br/>Due to the extremely high rental revenue this property offers (annual return of 65k-78k)<br/>No low ball offers will be considered. <br/><br/>Please contact via email or phone using the enquiry code or form.<br/><br/>To enquire, please email or call 1300 815 051 and enter code 8850

Location on Google Map

Address Available On Request, Broadwater, 2472

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