UNDER OFFER
PREMIER TOURIST PARK FREEHOLD INVESTMENT
Fantastic Family Park, in the middle of the tourist area of the town.
300m from the beach.
This excellent accommodation business freehold is returning a considerable gross yield of 7%.
With a secure long term lease, two separate titles and CPI increases, the property offers a distinct opportunity for the astute investor.
Current rental of $82,518 per annum plus GST and outgoings with balance of 25 year rental term, with the aforementioned annual CPI Increases.
Centrally located and within close proximity to surf beach footbridge and retail outlets this accommodation business comprises:
- 52 Sites
- Illawong House - 4 bedroom and 2 bathrooms
- 12 x fully self-contained cabins
- 1 x 3 Bedroom Flat
- 3 x 2 Bedroom Flat
- 2 x 1 Bedroom Flat
- Main 2 Bedroom residence with office
For further information please contact Nick Brook on 0401 215 949.
North Sydney
