Positioned less than 400m from the surf, sun and sand of Bar Beach this large brick home offers a current income of approx. $130,000 per annum, or alternatively can be enjoyed as a large 5-bedroom home with multiple living areas including media room, study and rumpus room. The location is prime with cafes, shops, restaurants, parks and beach within an easy walk. This is an exceptional opportunity in a Blue-Ribbon Real Estate area.
* Less than 400m to the sun, surf and sand of popular Bar Beach.
* Large, modern brick home currently leased as student accom.
* High rental income of approx. $130,000 per annum.
* Easily converted back to original 5-bedroom, 3 bathroom home.
* The current owner may assist with re-conversion if required.
* Huge main bedroom with ensuite, main bathroom with bath.
* Features a study, media room, rumpus room, upstairs lounge.
* The kitchen is within the big open plan lounge dining area.
* Double garage plus off-street parking for 2 additional vehicles.
* Cafes, shops, restaurants, parks and beach within an easy walk.
* This is a prime Blue-Ribbon Real Estate area that is highly sought.
* An exceptional opportunity awaits the astute buyer here.
Council Rates: $2,748 PA approx
Water Rates: $795 + Usage PA approx
Current Rent: $10,385 PM approx