38 Edna Drive, Tathra NSW 2550

FOUR BEACHSIDE UNITS ON A SINGLE TITLE

Block Of Units Sold - Tathra NSW

Just a short 200 metre stroll to the beach you can now own a block of four residential units all on one title. Comprising a two-storey, three-bedroom, two-bathroom unit with a double lock up garage, plus, three single-level, two-bedroom, one-bathroom units with sunny private north-facing courtyards. The proximity and easy access to the beach guarantees this rock-solid investment as does the full brick construction of this property. With a current return approaching 5% you still have plenty of scope to consider a number of strategic options to profit from this unique property. These are not holiday rentals although that may be an option, currently permanently tenanted.

Exceptional beachside location close coffee shops and artisan bakery
Four full brick beachside units, all on one title, with off-street parking
Unit 4 has three bedrooms two bathrooms & a double lock-up garage
Unit 4 has been recently painted with a brand new floating floor installed
Units 1, 2 & 3 have two bedrooms one bathroom with sunny courtyards
Minor upgrades to 1, 2 & 3 to improve returns may be a strategic option
Amazing opportunity first time offered to the market in twenty-five years
Rates app. $8,160 Block app. 857 m2 with mains power water & sewer
Rental income $60,840.00 PA
We declare agents interest in the property.