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5 River Street

Woodburn NSW 2472

9
8
13
3402 m²
House
Currently for sale - view listing

Overview

What An Investment Opportunity! - Coastal Northern Rivers Location

This versatile property is ideal for Investors looking to capitalize on rental income or convert it back into a thriving Motel, all while enjoying a prime location near popular Coastal tourism destinations. Being on 10-minute drive from the holiday town of Evans Head, 30 mins from Ballina/Byron Bay Airport and 1 hour 14min from the Gold Coast Airport. The property has just been fully renovated and all rooms are currently under Tenancies with a combined projected rental return of $110,000 per annum The Property consists of : Spacious 3-bedroom residence with: o Modern kitchen o Separate dining room o Large spacious lounge room with a deck area o Concrete and timber flooring o Spacious bedrooms o Main bathroom upstairs, second bathroom downstairs, and a laundry area Six fully renovated 1-bedroom units, each with: o Lounge o Bedroom o Bathroom o Kitchenette o Car parking space Additional features: o Covered double carport o Additional single carport o Inground swimming pool o Storage room o Shared laundry room servicing all units Don't miss out on this exceptional property! Perfect for investors seeking a high-yield rental income or looking to transform it back into a thriving motel. Act now to secure your slice of paradise in a prime coastal location. Contact Vicki Morgan Hills2Coast Real Estate 0409914433 vicki@hills2coast.com.au to arrange your personal Inspection or for further information.

Features

9 bedrooms
8 bathrooms
13 carspaces
3402 m² lot size
House

Property history for 5 River Street

2024
Rented
Undisclosed
Leased on 19 Mar 2024 by Nimbin Hills Real Estate
2024
Rented
Undisclosed
Leased on 22 Feb 2024 by Nimbin Hills Real Estate

Happy sellers in Woodburn

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We have insufficient information to provide an overview of customer satisfaction for Woodburn. Viewing the agent profiles, reviews and sales for Woodburn can provide insights for this location.

Local market activity for 9 bedroom houses in Woodburn

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