1674MF - Prime Highway Exposure Freehold Opposite the Golf Course
16 unit complex with 14 rooms used for income producing others used for family and storage that can easily be put back into the letting.Ability to add instant value and use all 16 rooms.Constructed from brick with tile roofing.Built around the early 1990's.'Land Area: 3,819 m2 approximately.Scope for further development.Minutes to the beach, CBD, local attractions and the local tourism draw cards.2 bedroom residence attached to motel.Additional house at rear of property unused that could be renovated.
Net profit $72.211 for 6 months (July to December 2016)
Net profit $93,012 for 2015/16