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WATERFRONT DEVELOPMENT SITE...
'A waterfront business, pleasure and lifestyle opportunity ever-popular with tourists, fisherman and boating enthusiasts'
Lifestyle - A Phillip Island dream. The relaxing village atmosphere of this island retreat in Rhyll is surrounded by abundant wildlife and pristine natural surrounds. An iconic coastal getaway for holidaymakers where trendy cafes and restaurants offer fresh seafood and locally produced wines within an easy five-minute drive from Cowes.
Picture this - Acquire this unique corner location with 180-degree panoramic sea views in the immediate foreground. The exciting potential of land banking and boundless future development (S.T.C.A.) deserves immediate attention. Boasting excellent tenants and returns, this establishment is presently collecting three separate income streams in the form of residential and commercial revenue. Occupants rent out Phillip Island Marine (a boating business operation for 40 years), the three-bedroom apartment and the boat storage/Telstra tower zone. Could this be the site for the next elite apartment complex in the area? Could this be your next decision for passive income?
Dwelling - A two-storey, three-bedroom penthouse apartment directly opposite the beach and park, just 50 metres (approx.) from the thriving café scene. Features include: three bathrooms (spa bath), two living areas, dual kitchen facilities (dishwasher, under-bench oven & gas cooktop), polished floorboards, downlighting, built-in robes and two car spaces. High quality and modern amenity are showcased throughout the residence whilst uninterrupted Westernport Bay views are a daily delight from this elevated position. Note: Rent includes water and electricity
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