All on one level and comprising of fourteen self-contained one bedroom units in very good condition with long term tenants sits this exclusive opportunity to acquire one of the few licensed guest house's in the Illawarra.
Situated in the heart of the increasingly popular suburb of Port Kembla & close to all of it's major amenities including transport, clubs, shops, beaches Lake Illawarra & Wollongong's CBD.
Rooms are currently leased at $195 per week with a 100% occupancy rate. Gross income approx $142,000 p.a. Excellent cash flow & return is better than bank interest.
Water Rates - $1,600pa*
Council Rates - $2,100pa*
* All figures are approx.
View By Appointment Only.