Price Undisclosed
3 Bed • 3 Bath • 0 Car • 167m²
New
Sold
Sold
135 Fern Street, Gerringong NSW 2534
Price Undisclosed
- 3Bed
- 3Bath
- 0 Car
- 167m²
Apartment Sold on Fri 27 Jan, 2023
What's around Fern Street
Apartment description
“'The Fern' - A Trophy Investment”
A one of a kind, multi tenanted investment exists in the heart of the thriving township of Gerringong!
Comprising of 2 retail tenancies and 2 residential apartments, this superb south coast investment takes centre stage with its CBD location and high-volume foot traffic. Country meets coast in the picturesque town of Gerringong, dotting spectacular surf beaches, rugged farmland, rolling escarpments, prestige dining, award winning wineries and luxury accommodation all situated just under a 2-hour drive from Sydney.
This unparalleled opportunity is the perfect sea change for an owner occupier or investment opportunity that will take pride of place within the most discerning purchasers' portfolio. The offering provides the following key attributes:
• All on one title with no strata
• 4 separate income streams, with total return approx $140,000pa
• 2 x retail tenants with established business
• 2 x residential apartments with excellent Airbnb history and occupancy•
• Newly renovated including new balcony, internal renovations, new electricals, plumbing, and a re-engineered structure
• Includes 2 onsite parking spaces with driveway access from Belinda Street
• Positioned within the heart of a well-supported and highly regarded retail precinct
For further information or to arrange an inspection, contact Kate Morgan on 0423 559 909
Land details
What's around Fern Street
Contact the real estate agent
Kate Morgan
Ray White - Gerringong
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