On offer is this triple income investment opportunity located just 500m from Port Macquaries popular Town Beach. With 3 existing tenancies in place bringing in a combined income of $2,115 per week with future opportunity to renovate and generate further income this is a prime opportunity for a savvy investor to reap the rewards of this cash flow asset. This property features;
- 190m² Shopfront with thriving business operating on the ground floor*
- 3 Bedroom flat with future potential to renovate and generate further income
- 1 Bedroom flat extensively renovated with long term tenant in place
- Land Size: 563m2*
- Additional Garage/Storage at rear utilised by existing commercial tenants
- New 3x3 year lease will be signed upon exchange of contracts for commercial tenants
- Zoned R4: High Density Residential
Port Macquarie is a coastal gem in New South Wales and is poised for continued substantial growth in the coming years. As infrastructure development continues to enhance connectivity and services, the region is attracting both residential and commercial investments alike. The expansion of the Port Macquarie Airport and improvements to the local road network are set to bolster tourism and support a thriving economy.
*Approximate areas
For Sale by Debbie Moore Real Estate in conjunction with Elders Real Estate Port Macquarie.
The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters
