Listing Reference #1482 . Listed: 15 Feb 2021
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10 Bedroom apartment style living over retail /office space. Home and Income / B&B or rent out on a room by room bases. Or rent out as standard large flat. With additional income from downstairs tenant)( which is completely separate) Same owner last 19 years who has run the upstairs as a business (hostel) and rented the downstairs to ARA ( computer training) Excellent cash flow returns ( Gross rental assessment upstairs aprox $100,000 pa/ plus downstairs space was rented for $40,000 pa. Situated on a prime corner site on the edge of New Brighton Mall. Walking distance to beach , hot pools , supermarket , cafes / wine bars and transport. GV is $710,000 Valuation (when fully leased ) $1.020 Mill . Owner negotiable between those two amounts. Plus GST if any .Full DEE Report 80% NBS.
Beach , Hot pools, Parks , Supermarket, Wine and Cafe Bars, Library, transport, schools.
Included in the sale: Fixed Floor coverings. Window coverings. Light fittings. Stove. Hob/Cooktop. Oven. Blinds. Curtains.
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