$550,000
2 Bed • 2 Bath • 1 Car
New
Sold
Sold
311-312/2 Martin Street, Ballina NSW 2478
$550,000
- 2Bed
- 2Bath
- 1 Car
Apartment Sold on Tue 19 Mar, 2019
What's around Martin Street
Apartment description
“Outstanding blue chip riverfront buying opportunity”
Overlooking the beautiful Richmond River, boat harbour and amazing sunsets, this apartment makes an ideal holiday home with income. It has a favoured corner position on the third floor of the popular iconic 'Ramada Hotel' complex in the centre of Ballina.
-Dual key apartment with attached hotel room and luxury ensuite
-Apartment has lounge, dining, kitchen and ensuited bedroom
-Gross income $106,000 FY 17, net income $28,000 approx
-Both have tiled river facing balconies for alfresco entertaining
-Corner location has panoramic water views, amazing sunsets
-Under building security parking, front desk service, sunny pool
-Opportunity to enjoy family holidays in paradise and an income
-Potential for greater net return if managed privately
-In centre of town with cycleways and walkways at the front door
-Stroll to cafs, boutiques, supermarket, new pool, The Spit
Council Rates - $1,084pa
Strata Fees - $3,411.90pq
Property video
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What's around Martin Street
Contact the real estate agent
Glenn Mills
McGrath - Ballina
Send an enquiry
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