236 Pacific Hwy, Coffs Harbour, New South Wales 2450

$799,000

Date listed: 22/10/2019
Villa 6 4 4
 

SMSF Investment Opportunity + Commercial Zoning

A rare opportunity to secure two dwellings to be sold in one line. Enjoy multiple income streams, with potential to sub-divide or convert to commercial use under the B6 zoning. Both 3 bedroom homes are spacious and well appointed, boasting double lock-up garages, hardwood floors, air-conditioning and modern kitchen appliances.

* SMSF Investment Opportunity
* 2 x Freestanding Villas sold in one line.
* Each dwelling comprises 3 bed, 2 bath, DLUG.
* Fully tenanted, reliable income & proven rental history.
* Gross rental income of $40,671.43 pa.
* Zoned B6 Enterprise Corridor - allowing for conversion to business, office & retail use.
* Consent exists for 2 lot Torrens sub-division.
* Current combined rental income of 5.1% gross, per annum.
* Further potential to improve by converting to commercial tenancy or for own business premises.

Rates: $4,888.95pa
Land: 1,012m2
Rental Return: $40,671.43pa

Property Type
Villa
Bedrooms
6
Bathrooms
4
Car Spaces
4
236 Pacific Hwy
Coffs Harbour
New South Wales 2450
Enquire Now