Tin Can Bay 152 Toolara Road

Discover this exceptional multi-income property located at 152 Toolara Road, Tin Can Bay. This rare offering is perfectly situated across from the foreshore, providing stunning water views and endless appeal for both residents and business. With five tenanted residential units and a commercial shop space, this property presents an outstanding opportunity for savvy investors seeking high returns and long-term growth.

Property Highlights:

Five Residential Units
Four Units: Two bedrooms, one bathroom eachOne Unit: Three bedrooms, one bathroomAll units are fully tenanted, generating a solid rental return of $70,844 per annum
Commercial Space
One vacant shop space with potential annual rental income of $48,000Excellent opportunity for an owner-occupier or additional tenant to maximize returns
Prime Location
Across from the Tin Can Bay foreshore, offering desirable water viewsAccess to scenic walking paths and all the natural beauty this coastal town has to offer
Income Potential
Combined income potential of over $110,000 per annum when fully tenanted, an opportunity exists for further expansion as there is plenty of land to utilize.
For Sale by Tender – this versatile, income-generating property won't last long. Contact Paul Downman on 0407 181 404 today to secure this unique Tin Can Bay investment.

TENDER CLOSES BY 4PM FRIDAY 6TH DECEMBER 2024.

Property Information

• Land area approx 1873sqm

Property Features

• Carports 1
• Garages 2
• Air Conditioning