14-16 Payne Street, Narooma NSW 2546

This coastal property is situated on a double block of land measuring approx 1,322 square meters, offering four apartments with front verandahs, individual utilities, and a desirable location. The apartments include one 2-bedroom unit and three comfortable 1-bedroom units, each with its own charm. Shared Laundry space. The property provides individual electricity and gas hot water service (water is included). Its close proximity to shops and amenities adds convenience. Generating a rental income of around $650 per week with potential to be increased. This property presents a promising investment opportunity as it sit on two block of land and is currently generating income, hence good for both experienced investors and first-time buyers. Don't miss out on this chance to expand your portfolio or enter the real estate market.