2-4 Cunninghame Street, LAKES ENTRANCE VIC 3909
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- 2 Mar 2017
BEACH WALK FREEHOLD FOR SALE
This former holiday accommodation business has begun its transformation to a long term tenancy offering, with 3 x one bedroom units (one fully furnished holiday let & two permanent rentals) 1 x two bedroom unit and the two bedroom house, with separate office and sewing room, and all with courtyards on an approximate allotment of 1,119sqm.
Located within a 5 minute walk to the Ninety Mile Beach access and close all schools and amenities, this property offers the owner scope to add extra units (STCA).
Fully let this property offers a potential gross yield of 7.75% .
Inspection by appointment only.
Accommodation and Business Broker
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
2-4 Cunninghame Street LAKES ENTRANCE