167 Imlay Street Eden NSW 2551

Prime location in popular South Coast town Eden
14 re-furbished and well-maintained units 12 Double and 2 Triple rooms.
Managers Apartment There is a substantial two-level managers resident located in the front building above the 3 retail shops and reception. Accommodation includes three bedrooms, living room, kitchen and two bathrooms. 3 car ports, l/u garage and commercial laundry and storeroom.
Retail shops there are 3 small retail shops fronting Imlay Street, each shop is approx. 36m2 and have rear access and communal toilets. Two shops are currently vacant, and one has a 5-year lease with 5-year option. Current rent is $7,700 per annum plus GST.
Dual street frontage, excellent access, parking and storage.
Perfect for a couple or first-time moteliers.
It is hard to find a more stunning location than Eden on the NSW South Coast. Once a quiet seaside town and port, Eden has been discovered and has become a thriving tourist hot spot, boasting crystal clear ocean waters, challenging 18-hole golf course, surrounded by a nature playground. Throw all this in and add a profitable easy to run freehold business. Live in Paradise AND grow your wealth!!!
Net Profit: $171,303. for 2022 calendar year.