5 River Street, Woodburn

What An Investment Opportunity! - Coastal Northern Rivers Location

House

9 bedrooms

8 bathrooms

13 car spaces

3402 m²

$1.1 mil

Description

This versatile property is ideal for Investors looking to capitalize on rental income or convert it back into a thriving Motel, all while enjoying a prime location near popular Coastal tourism destinations. Being on 10-minute drive from the holiday town of Evans Head, 30 mins from Ballina/Byron Bay Airport and 1 hour 14min from the Gold Coast Airport.

The property has just been fully renovated and all rooms are currently under Tenancies with a combined projected rental return of $110,000 per annum

The Property consists of :

Spacious 3-bedroom residence with:
o Modern kitchen
o Separate dining room
o Large spacious lounge room with a deck area
o Concrete and timber flooring
o Spacious bedrooms
o Main bathroom upstairs, second bathroom downstairs, and a laundry area

Six fully renovated 1-bedroom units, each with:
o Lounge
o Bedroom
o Bathroom
o Kitchenette
o Car parking space

Additional features:
o Covered double carport
o Additional single carport
o Inground swimming pool
o Storage room
o Shared laundry room servicing all units

Don't miss out on this exceptional property! Perfect for investors seeking a high-yield rental income or looking to transform it back into a thriving motel. Act now to secure your slice of paradise in a prime coastal location.

Contact Vicki Morgan Hills2Coast Real Estate 0409914433 [email protected] to arrange your personal Inspection or for further information