Open Home Dates: Sunday 15 Nov 11:45 a.m. - 12:15 p.m.


Now for the good oil. This iconic beach home was divided into three one-bedroom flats a number of years ago, and is cleverly configured to provide separate access and a fully fenced yard for each. The units are separately metered for power and insured under their own policies. Astute investors will appreciate the unlikelihood of consecutive vacancies which buffers the effect of a broken income stream. The benefit of being in such close proximity to New Brighton's commercial/retail centre with its public transport network and local amenities means that demand for accommodation and occupancy rates are high.
Unit B has been remediated under the Fletchers repair programme; A and C were cash settled and any further repair/enhancement will be at the purchaser's cost as no entitlements shall be assigned.
Modest, functional and comfortable - with fit-outs which are practical and low maintenance. While the property is ideally suited to rental accommodation in its present layout there is the option of modifying it back to a substantial family home. Why not take a look and weigh up the options for yourself.