A very rare opportunity to secure this apartment block of 5 units located directly across the road from Casey's Beach.
Offering stunning ocean views, each apartment takes advantage of the beautiful ocean vista.
Unit One - 3 bed, 2 bath, single garage
Unit Two - 3 bed, 1.5 bath, car parking space
Unit Three - 2 bed, 2 bath, single garage
Unit Four - 1 bed, 1 bath, car parking space
Unit Five - 1 bed, 1 bath, car parking space
Currently Unit 2 and Unit 3 are leased, while Unit 1 has been used by the current owners as a holiday rental and Units 4 & 5 are vacant and have just had a complete renovation.
A projected combined rental return of $1,540 per week ($80,080 per annum) is expected.
Please note - the property has DA approval for works to be completed to meet strata approval requirements.
For a full information memorandum please contact the exclusive listing agent Aristotle Stavros on 0408 612 914.