Type: Lifestyle Property
Agent: Erik Bigalk
Company: Lifestyle Property
Price: Au $ 1,200,000
Featured: Yes

Location Location Location 

Brunswick Heads just across the bay from tourist Mecca Byron Bay has been a long time holiday hot-spot in the Byron Shire. Located within a stone’s throw from river, beach, cafes, shops, pub/beer garden and markets, is this block of four units. Comprising of 2 x 2 bedroom and 2 x 1 bedroom units plus two non-residential out-buildings – all on 613sqm of multi-res. zoned land with rear lane access, this property holds exciting potential for the creative investor.
Currently let on a permanent basis, the property already returns over $45 000 per annum and can easily be improved through seasonal letting (4-5 month of the year), procuring double/triple the weekly rate of it’s current return. (estimated $68 000pa) Brunswick Heads itself has been undergoing modernisation, town beautification and re-development for some time with more flair-full shops and cafes popping up everywhere… 

And, with the completion of the new highway due, is likely to bring about another push for properties in the northern end of the Byron Shire, not unlike the push we have seen a couple of years ago. (high demand, growth in property prices, rents and sales) 

Going by the opinion of property expert Michael Matusik of Matusik Property Insights, “…demand for North Coast properties could soon exceed supply by more than 30%”.   
And, with the water shortages in SE Qld., the attractive lower prices in the Northern Rivers and the soon shorter communiting time to the Gold Coast and Brisbane will have more ‘People voting with their feet’ in Northern NSW. 

A worth while project in one of the best locations in the Byron Shire - The very heart of Brunswick Heads! 

Property Dertails
613 Sqm Multi-Residential zoning
2 x 2 bedr units2 x 1 bedr units
2 non-residential out-buildings
$850p.w. permanent rental return
1 sewer credit un-used
Timber clad construction on concrete slab, minor fibro extensionRear land access, long road frontage to curb 

For more information contact Erik Bigalk on 0421 441 36 

Or e-mail info@lifestyle-property.net

 

Open House by appointment @
1 Mullumbimby Street, Brunswick Heads.

 

The current valuation sits at $1.2mil - which gives it a $200k capital growth since the last valuation done in Dec 2005. Both are available on request (e-mail) as is the pest report, contract and survey docs.

 

 

 

 

 

 

www.lifestyle-property.net  info@lifestyle-property.net

 

'See it this week!'