$730,000
2 Bed • 2 Bath • 2 Car
New
Sold
Sold
2/60 Caves Beach Road, Caves Beach NSW 2281
$730,000
- 2Bed
- 2Bath
- 2 Car
House Sold on Fri 26 Apr, 2019
What's around Caves Beach Road
House description
“Residential & commercial suite, live in 1 & live off the other or work & play from both!”
Rarely does an opportunity come up where you can buy 2 properties on 1 title, let alone a property with both residential and commercial components, if you are a straight forward investor, the dual incomes and 1 lot of outgoings should be more than enough to get you excited. Promising a wonderful, open plan ground floor apartment lifestyle, with high end inclusions and finishes, self-funded retirees, weekender purchasers and first home buyers will all very much appreciate the extra income the commercial space provides, letting them enjoy delightful but also affordable apartment living right in the heart of Caves' vibrant shops, cafe and restaurant scene, within easy strolling distance of the beach, resort hotel's restaurant and bars ...
- The original display apartment, this residence boasts higher specs than many others
- 40mm Caesar-stone waterfall-edge island with glass wine fridge & soft close joinery
- All season comfort, reverse cycle, split system air conditioned extensive open living
- The master suite features great walk in robe storage & its own very elegant ensuite
- Plantation shutters & fan lights feature in both bedrooms with built in robes in No. 2
- A full width rear covered deck spills off the open living out to a great size courtyard
- The pets & kids friendly courtyard has a dedicated slab in place for a pergola or spa
- Separate access is available to both the residential apartment & commercial space
- The commercial space enjoys a great street frontage & a tenant is already in place
- Collect $442 net of GST pw from the commercial tenant & live in the rear apartment
- Alternatively rent out or holiday let the gorgeous rear apartment when it suits you to
- Stroll to shops, retiree/wheelchair friendly lift access to 2 car spaces under building
Considering the income potential here is over $900 per week net of GST and it's spread over 2 properties with the safety of your return coming from 2 separate tenants, this is an undeniably a great investment opportunity. The fact that there is a residential and commercial component to the property means it offers so many more options for those who are not straight forward investors too, who would love a modern apartment here in the heart of captivating Caves Beach as well as an income ....