8 Income Generating Units + House

Narooma - New South Wales

Slideshow

An amazing opportunity exists for a small accommodation business or a simple redevelopment (STCA) in this 8 unit complex near Narooma. This is addition to the tidy 3 bedroom home included in the sale (ideal in a management rights situation).

- Very easy to operate as 8 self contained motel units with a separate 3 bedroom owners’ house.
- Potential for solid capital gain if converted to strata title (STCA). A financial analysis is available to interested parties.
- Eight identical modern units, clean, spacious & flooded with light, each having their own private balcony.
- There is a BBQ area & guest laundry with ample off street parking.
- Three bedroom home with 2 bathrooms, plenty of living, double garage and verandahs around two sides.
- It is just minutes off the Princes Highway on a picturesque tourist drive, superbly situated directly opposite Lake Mummuga & associated National Park.
- Sealed walking & cycling paths encompass the pristine beaches, bowling club, shops & tennis courts- all within five minutes.
- Enjoy the temperate climate all year round with sunny mild winter days.

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