High Quality Multi Tenanted Mixed Investment.
Impressive potential rental income of $102,307.00.
Tenant 1:
Dental Surgery $32,107.00 GST inclusive per annum (5-year registered lease expiring 13.08.2030 with 2 x 5-year options). Tenant pays 28.8% of outgoings + CPI rental increases. Rent is paid direct to the owner.
Tenant 2:
Fully furnished Single bedroom unit currently rented at $23,400.00 per annum ($450.00 per week.) Leased until 24.12.2026. 1 x car space. Property management fee is 9%.
3-bedroom unit:
Spacious 3-bedroom unit with expansive water views from living areas and kitchen, master with walk-in robe and ensuite, built-in robes to other bedrooms, separate laundry and enclosed balcony/sunroom. The 3-bedroom unit is used by the owners for lifestyle living. (Rental estimate: $46,800.00pa $900/week - including power, water and internet).
Occupy or rent the 3-bedroom upstairs unit.
Parking for 8 cars.
Northeast facing with magnificent views overlooking the Clyde River, Batemans Bay Marina and waterfront park.
Centrally located within minutes of flat walking distance to Golf Club, Soldiers Club, Marina complex, hotels, restaurants, shopping and entertainment.
Current R3 Zoning (15 metres) offers a possible future development potential (*STCA).
This rare mix of commercial and residential tenanted offering to the market offers an immediate and effective strategic advantage due to its prime position at Batemans Bay on the far south coast of NSW.
Don't miss your chance to secure this impressive coastal investment.
Executive Summary:
Zoned: R3 Medium Residential (Eurobodalla Shire LEP 2012).
Maximum Height: 15 metres.
Lot 8 DP 18421.
Land area: Approximately 566 SQM.
Council Rates: Approximately $7,377.00 per annum.
Water Rates: Approximately $885.00 per annum.
The Property:
This rare commercial and residential investment with future development potential (*STCA) offers an immediate and effective strategic advantage due to its prime position at Batemans Bay on the far south coast of NSW.
58 Beach Road is a northeast facing, centrally located property within walking distance to the Marina, RSL Club and approximately 1000m from the CBD.
Close to beaches, schools, and public transport.
Batemans Bay and Eurobodalla Shire:
Batemans Bay is famous as a premier South Coast holiday destination, renowned for its fresh Clyde River oysters, fishing, scuba diving, pristine beaches, and as the gateway to the Eurobodalla Shire and the newly completed Mogo Mountain Bike Trail.
Batemans Bay is undergoing a rapid transformation with the construction of a new 300-million-dollar Moruya Regional Hospital scheduled for completion mid 2027.
Eurobodalla Shire is approximately 30,000 and growing more than the national average.
Transport:
Batemans Bay is located on the junction of the Kings Highway and Princes Highway and sits upon the mighty Clyde River.
Approximately 150 km from Canberra and 280 km from Sydney.
Moruya airport is 30km from Batemans Bay and is serviced by REX Airlines to Sydney and Merimbula with connecting flights to Melbourne.
Batemans Bay enjoys regular bus services to Canberra and connecting bus/train service at Nowra to Sydney.
Inspection by appointment only.
* Subject To Council Approval.
Disclaimer:
This information has been obtained from our vendor(s) and third parties. We make no representations to its accuracy. All computer images, maps and photographs are indicative only. We are merely passing the information on. Interested parties should make their own enquiries.
