8 Princes Highway, Narooma
- BLOCK OF UNITS
- 6 bedrooms
- 5 bathrooms
- 1 car space
- Approx 1360 Square metres
Invest in your Future, with immediate income from secured tenancies in all 4 Villas/Residences.
Purchase this 1,360sqm prime site with two road frontages, landbank, and retain until ready to on-sell for profit, or value add on your investment and renovate or rebuild.
A future option; you can live in one villa and collect the income from the other 3, or develop and add more.
There really is clear potential to renovate or rebuild (subject to council approvals) to create something amazing in this sought-after location. Offering direct access to the Wagonga Inlet and within walking distance to the local supermarket, medical services, and cafes.
Zoned R3 Medium Density, which offers the potential to sub-divide (with council approval).
Current total Gross Income Per Week = $1,340 for 4 villas.
Contact Sales Office at Whale Coast Realty, 02 4476 2699 to arrange an inspection – set days and times available.
Expression of Interest - Closing Date Tuesday, October 11th, 2022