Situated on approximately 4,242 square metres of land and encompassing 3 separate titles, 6-8 Chatsworth Road represents an outstanding investment opportunity.
8 Chatsworth Road comprises 2 titles and totals approximately 3,154 square metres of land. Currently operating as the Nationwide Motel, annual rental income from the Motel is approximately $70k plus outgoings plus GST.
6 Chatsworth Road comprises a three bedroom, one bathroom house on 1,088 square metres of land. Estimated rental income is approximately $200-220 per week.
With potential holding income of over $80k per annum, new owners may wish to purchase this site as a passive income generator or alternatively, receive the holding income whilst plans are drawn up for a redevelopment.
