471 Ocean Beach Road, UMINA BEACH

INVESTOR ALERT!! LOCAL RESTAURANT..GRADE A LOCATION!!

:: Prime Position - high traffic flow
:: Great investment opportunity
:: Corner block with side and lane access
:: Further development potential
:: 250 metres to Beach & Umina CBD
:: All inquiries contact Jim Martin

Great opportunity to purchase this superb piece of local real estate.

Currently let to outstanding tenant utilizing the site as a popular Thai Restaurant set approximately 250 meters to the golden sands of Umina Beach this truly is a prime location!

Tenants are currently leased until middle of December 2015!! So just sit back and watch the investment grow. Figures:
- Currently returning $42,640 + GST Per Year
- Lease due to expire middle December 2015
- Increase of rent of $1,560 due again in April 2015
- 535 sqm2 parcel of land
Down the track there could be the potential to build a granny flat (STCA) as the property is on a corner block with side and rear access.

All inquiries contact Jim Martin 0414 410893

overview

  • 1P2027
  • $ 580,000
  • House
  • Sold
  • 471 Ocean Beach Road UMINA BEACH NSW
  • 1
  • 1
  • 535 sqm
  • 1