Unique Investment - Multiple Income Streams

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This unique and immaculately presented property in central Coopers Beach is an incredible INCOME or HOME & INCOME opportunity that includes a purpose built 4 bedroom/ 2 bathroom home elevated above 4 x semi self-contained refurbished studio accommodation units. The home and units enjoy excellent sea and coastal views in close proximity to the beach and local shopping centre, and if rented full time can earn in excess of $85,000 pa.

3 Units are currently rented with total income of $44,200 pa (fourth unit and upstairs home have been left vacant while the property is on the market).


INCOME OPTIONS:

Option 1: RENT all 4 UNITS + 4 BEDROOM HOME full time with potential to earn in excess of $85,000 pa

Option 2: LIVE UPSTAIRS and RENT all 4 UNITS fulltime with potential to earn in excess of $60,000 pa

Option 3: LIVE UPSTAIRS and rent all 4 Units as Motel or Holiday ACCOMMODATION


THE PROPERTY:

4 Bedroom/2 Bathroom Home:
The upper level is spacious and modern with interior living spaces opening out to a seaward facing deck that runs the full width of the building and includes a covered and fully enclosable outdoor entertainment space. A very spacious lounge adjoins the outdoor living area and both enjoy sunshine and wonderful views. Three of the four bedrooms are all generous doubles with the master bedroom being larger and including a walk-in wardrobe, ensuite and deck access. The home features warm exposed timber lockwood walls and lush carpet in living areas and bedrooms.

4 x Studio Accommodation Units:
The four downstairs studio accommodation units have been very tastefully refurbished and include quality fixtures and fittings throughout.

Large paved areas on two sides of the complex provide ample parking for guests and residents and there is also a double lock up garage with extensive storage and an adjacent bathroom.

The property is being SOLD GST INCL. and includes an impressive list of mostly near new Chattels.

By Negotiation

Additional Features

  • Chattels: Fixed floor coverings, Light fittings, Blinds, Curtains, Dishwasher, Heated towel rail(s), Garden Shed, Parmco Rangehood, Robinhood Tubs x 2, Delonghi 5 Burner Gas Hobs, Bosch Wall Oven, Washing Machine Taps, Water Pump x 1, Ceiling Fan x 1

Michael Healy (Phone 029 406 1289)
Michael Healy
Principal/Salesperson