311-312/2 Martin St, Ballina, NSW, 2478 - Apartment Sold on 19 03 2019

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Ballina

SoldMar 19, 2019

311-312/2 Martin St, Ballina, NSW, 2478

$550,000

0 m²

Apartment

•

30+ days on the market

Sold: Mar 19, 2019

What's around 311-312/2 Martin St

Outstanding blue chip riverfront buying opportunity

Overlooking the beautiful Richmond River, boat harbour and amazing sunsets, this apartment makes an ideal holiday home with income. It has a favoured corner position on the third floor of the popular iconic 'Ramada Hotel' complex in the centre of Ballina. -Dual key apartment with attached hotel room and luxury ensuite -Apartment has lounge, dining, kitchen and ensuited bedroom -Gross income $106,000 FY 17, net income $28,000 approx -Both have tiled river facing balconies for alfresco entertaining -Corner location has panoramic water views, amazing sunsets -Under building security parking, front desk service, sunny pool -Opportunity to enjoy family holidays in paradise and an income -Potential for greater net return if managed privately -In centre of town with cycleways and walkways at the front door -Stroll to cafés, boutiques, supermarket, new pool, The Spit Council Rates - $1,084pa Strata Fees - $3,411.90pq

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Seller's review

about 7 years ago

Verified Review

direct and fair

Glen provided honest and fair communication throughout the selling process. It was a difficult property to sell and Glen hung in there, and eventually he found the right buyer. It was a overall a good experience

Seller