Great opportunity to buy 4 flats without strata title on a B4 mixed commercial & residential zoned 540m2 block of land, in the centre of Kingscliff.
Zoning allows you to build to your boundaries, with basement parking and three stories above ground level able to be mixed commercial and residential.
Building is solid and features a new iron roof on main building, separate electricity metering and there are 4 car parks at rear accessed off back lane way & one at the front.
Unit 1- Renovated, repainted, polished floors, modern kitchen, 2 bedrooms plus separate lounge room or third bedroom. Rented for $335 per week
Unit 2- Original condition - Rented for $280 per week.
Unit 3- Renovated, repainted, new carpets recently, 2 bedrooms, sun room plus massive lounge room. Returns $310 per week
Unit 4- Repainted and re carpeted. Returns $260 per week
Total rent per week = $1185 per week
Potential to convert to commercial premises due to shortage of large commercial properties for lease in Kingscliff.
Building total floor area is approx 308 m2 - Block is 540m2
This property is tenanted so we require a minimum 48 hours’ notice to inspect and can’t show it Sundays due to legislation.
For further information contact listing agent Julian Cleak 0400 617 494
Whilst the information contained in this report is believed to be accurate and reliable, Kingscliff Sales and Rentals does not guarantee or warrant the accuracy, reliability, completeness, currency or usefulness of the information and is not responsible for or liable in respect of any loss, damage, cost or expense suffered as a result of reliance on that information by any person.
Close to Transport
Close to Shops
Close to Schools