Inspection by appointment only
Located within a stone's throw to the beach front - the iconic "Ocean View" motel is a well priced favourite place to stay. The rooms are rarely without a booking and the repeat business is very strong from country, interstate and overseas visitors.
The monthly guaranteed return is ensured and overheads such as shire and water rates & usage are all taken care of - so there's no hidden costs apart from repairs from time to time
Lot 5 - 10 Lawley Street North Beach - asking price $225,000
Consisting of 2 ground floor apartments
room No's 16 & 17
These 2 serviced apartments combined will return a guaranteed rental yield of $1,293 per month (no outgoings) or approximately 6.5% PA
Lot 7 - 10 Lawley Street North Beach - asking price $300,000
Consisting of 2 up-stairs apartments with ocean views
room No's 10 & 11
These 2 serviced apartments combined will return a guaranteed rental yield of $1,854 per month (no outgoings) or approximately 6.5% PA
These are legendary investment properties that are very rare
For more information please contact
Les Lindsay
Peard Real Estate
0407 420 384 or 9447 0011
