203 Myall Street TEA GARDENS NSW 2324
Expressions Of Interest

DESCRIPTION

After 40 years the vendor is ready to sell! Located in the bustling town of Tea Gardens, just 2 1/2 hour drive from Sydney and is located on the banks of the Myall River. Tea Gardens is just across the river from Hawks Nest and its well-known beaches. 203 Myall Rd is right in the centre of the village just behind the ever-popular Tea Gardens Hotel.

The township is experiencing residential growth with another new 2 new subdivisions under planning. This all makes for a great opportunity to secure a prominent, fully leased site in the middle of town.

There is plenty on offer with this property, the features are;
* 3 shops with the potential to convert 1 to a restaurant with all the amenities including a grease trap and male/female toilets.
* The first floor consists of 3 residential units (1x3 bedroom, 1 x 2 bedroom and 1 x studio unit)
* The 1,012m2 site also has room for potential further development (S.T.C.A.)
* Parking for 12 cars
* Current rental return of $80,961 net.

This property is showing an outstanding return making it a great buy with loads of potential for future growth.

Don’t be left waiting for another 40 years for this opportunity - contact Keven Hughes today on Reveal Phone