18-20 The Entrance Road The Entrance NSW 2261

Hotel, Motel, Pub & Leisure
396 m²
Sold, $3,000,000

Value-Add Freehold Investment. 6 Shops + Holiday Letting + Residences.

Attractive mixed used multi tenanted investment.
Prime main street corner in iconic tourist destination.
Diverse mix of retail tenants plus 1st floor residential.
Oversized 340 sqm residences with strata potential (STCA).
Used as holiday letting & owner occupation.
Near 100% holiday booking track record
Flexible B2 Business Centre Zoning, Permits higher density residential (STCA).
FSR of 2.75:1 and 23m height limit.
Stunningly situated, only metres to waterfront & sandy beaches.
Recently refurbished brick building.
Net Income: $208,537 pa + GST (fully leased).

*Additional images of this exciting property are available on request

Auction 11am AEDT Tuesday 8 December
Sofitel Wentworth Hotel, Sydney

AUCTION

Auction date and time	08/12/2015 11:00
Auction location	Sofitel Wentworth Hotel

Property Highlights

Date Sold	9 Dec 2015
Sold Price	$3,000,000
Floor Area	Ask Agent
Land Area	396 m²
Parking	Ask Agent
Property ID	2012412746
Category	Hotel, Motel, Pub & Leisure Offices Shop & Retail
Last updated	9 Dec 2015

Map for 18-20 The Entrance Road The Entrance NSW 2261

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Property Highlights

Date Sold	9 Dec 2015
Sold Price	$3,000,000
Floor Area	Ask Agent
Land Area	396 m²
Parking	Ask Agent
Property ID	2012412746
Category	Hotel, Motel, Pub & Leisure Offices Shop & Retail
Last updated	9 Dec 2015