Positioned directly opposite the beach along the Scarness Esplanade, this is a rare opportunity to secure an entire complex of seven units on one title, offering immediate income in a standout coastal location.
The complex comprises a mix of four two-bedroom units and three one-bedroom units, all designed for low-maintenance living with practical, easy-care layouts. Currently the property generates approximately $120,000 per annum in rental income.
With consistent tenant demand in this popular beachfront strip, the complex is well suited to investors seeking reliable income with the potential to further enhance returns over time. Its prime position places it within easy walking distance to cafés, restaurants, shops and the waterfront, ensuring ongoing appeal for both tenants and future buyers alike.
Opportunities to secure an entire complex in such a prominent Esplanade position are rare, offering a compelling combination of location, income and long-term investment security.
Contact Tim Wessling today to arrange your private inspection or for further information.