$1,700,000

8 Bed  •  4 Bath  •  4 Car

Main view of Homely block of units listing, 5 Bentinck Street, Ballina NSW 2478
Floorplan of Homely block of units listing, 5 Bentinck Street, Ballina NSW 2478
Second view of Homely block of units listing, 5 Bentinck Street, Ballina NSW 2478
+11

Sold

5 Bentinck Street, Ballina NSW 2478

Copy address

$1,700,000

  • 8
  • 4
  • 4

Block of Units Sold on Fri 3 Mar, 2023

What's around Bentinck Street

Block of Units description

“Entire boutique block - solid returns and enormous opportunities”

Investors will be highly impressed with this immaculately presented complex of four apartments that represents a rare opportunity to acquire a substantial income generating asset close to the heart of Ballina. Well-appointed throughout with some smart modern upgrades, all units are ready for immediate occupation with refreshed interiors, good proportions and parking at the rear. The property offers a superb real estate prospect that's very well-located just one block from North Creek, and walking distance to local shops, cafés, schools and sports fields.

- Four x 2-bedroom apartments presented in good condition
- When fully tenanted, $101,920 p.a. in rental income potential
- Fresh and bright interiors with well-appointed kitchens
- Modern bathrooms with combined laundry in each unit
- Four lock-up garages at the rear of the building, with power
- Potential to further update apartments and increase rental yield
- Scope to explore development possibilities to fully capitalise (STCA)
- 250m to North Creek and less than 1km to The Serpentine & Shaws Bay

Council rates

$2000 Quarterly

Property video

Can't inspect the property in person? See what's inside in the video tour.

Interactive media & resources

Third view of Homely block of units listing, 5 Bentinck Street, Ballina NSW 2478View more
Fourth view of Homely block of units listing, 5 Bentinck Street, Ballina NSW 2478View more

Contact the real estate agent

This property has been sold
But you can still contact the agent
5 Bentinck Street, Ballina NSW 2478
By submitting your enquiry, you agree to our Privacy Policy.

Nearby schools in and around Ballina, NSW

Top reviews by locals of Ballina, NSW 2478

Discover what it's like to live in Ballina before you inspect or move.

Discussions in Ballina, NSW

Wondering what the latest hot topics are in Ballina, New South Wales?

Similar Block of Units for sale in Ballina, NSW 2478

Properties for sale in nearby suburbs

Report Listing