An individual property with a myriad of opportunities and massive income potential. Live in the residence and generate a substantial income from the 10 studio units via Airbnb, revert back to a Motel Business, turn into a Back Packers or a haven for Retirees. Utilise as a Training Academy with accommodation for the students and the residence as the place of learning. The possibilities are limitless. Better than money in the bank.
- Three bedroom, two bathroom residence boasts stunning river views
- Perfect for the family wishing to run their own business and reside
- Zoned - medium density residential r3 - 13.6m building height limit
- Private 911m2 corner block, rates $2,999pa, water $239 pq approx
- Potential Income (short term permanent rental) $160,000 pa.
- 12 car spaces and swimming pool (currently not used)
- Benefit by the massive volume of daily passing traffic
- Enhance at your leisure to realise its full potential
- Close to shops, cafes, clubs, hospital, Coolangatta Airport, university
- Owners of 18 years have decided it's time to sell and downsize.