Stunning Views With A Healthy Income
Set high on the hill in a location known locally as the 'golden triangle', this holiday apartment complex has magnificent water views over North Creek and the Serpentine, has the popular Shaws Bay swimming area to the east and the Richmond River to the south east. It is only a 12 minute stroll along the picturesque walkways to the Ballina town centre and there are cycleways and walkways that meander along the beachside right through to Lennox Head making this a great location for tourists to stay. There are a total of 9 units with six two bedroom apartments, two one bedroom units, a managers space and a separate storeroom and office. The current owners have operated the business for 19 years and have built up a loyal following of repeat clientele. A rare opportunity to buy premium real estate with a well established business offering a healthy return.
* On site parking for 14 vehicles with 5 undercover
* The land is zoned medium density
* Walk across the road to the Shaws Bay Hotel with waterfront bistro
* Being sold on a 'walk in walk out' basis