Price Undisclosed

1 Bed  •  1 Bath  •  0 Car

Main view of Homely house listing, 166 Myall Street, Tea Gardens NSW 2324
Second view of Homely house listing, 166 Myall Street, Tea Gardens NSW 2324
Third view of Homely house listing, 166 Myall Street, Tea Gardens NSW 2324
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Sold

166 Myall Street, Tea Gardens NSW 2324

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Price Undisclosed

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House Sold on Fri 15 Nov, 2019

What's around Myall Street

House description

“Coastal Investment with Development Upside”

For Sale by Expressions of Interest Closing 31 October 2019 at 4:00pm

- Tea Gardens and Hawks Nest, gateway to the Myall Coast and Port Stephen's Blue Water
Wonderland
- 10 minutes* from the Pacific Highway
- Surrounding Great Lakes offers 145km of stunning coastline and impressive waterways
- Great lifestyle including beaches, boating, fishing, sporting, cafes and restaurants and
award winning schools

Property Features:
- Affordable entry level investment
- Includes approved DA plans to develop a three bedroom apartment above the commercial space
- Good exposure in popular retirement and holiday destination
- Fully leased by long term tenant and returning $26,375* per annum net
- Commercial shopfront fitout includes main trade area with additional storage room, staff
area, kitchen and amenities
- On-site car parking at rear

The property comprises of a freestanding commercial building, currently occupied by a local hairdresser with an excellent trading history having been in occupation for in excess of 10 years. The property is constructed of full brick with metal roofing and features on-site car parking at the rear. Highly exposed to the main road into and out of Tea Gardens / Hawks Nest, the property is a short distance to the Myall River and once constructed, the upstairs residence would be equally suited to permanent or holiday rental.

*approximately

Property features

airConditioning

Air Conditioning

Fourth view of Homely house listing, 166 Myall Street, Tea Gardens NSW 2324View more
Fifth view of Homely house listing, 166 Myall Street, Tea Gardens NSW 2324View more

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166 Myall Street, Tea Gardens NSW 2324
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