Brunswick Heads is a vibrant, laid back seaside town with the motto of Simple Pleasures ringing true.
This property has huge potential with DA approved plans to modify the existing building to create 3 modern residential apartments.These plans include private lawn & garden areas, timber decks, plunge pool and patio. All these elements meld together perfectly to enjoy our beautiful climate.
The proposed development would provide the ability to increase the permanent rental return. In addition, the property is located in the newly mapped precinct that Byron Shire Council has approved for 365 days per year short term holiday letting. There are a range of options here.
The 613sqm street to lane allotment fronts Mullumbimbi St with additional access from Veterans Lane at the rear.
The property currently consists of 4 flats & a studio; with 2 flats on the ground level and 2 on the first level.
Flat 1 - is a one bedroom self contained flat with a patio area at the rear.
Flat 2 - is two bedroom self contained flat with a front deck.
Flat 3 - is an upstairs two bedroom self contained flat with a balcony.
Flat 4 - is an upstairs one bedroom self contained flat with a large sunroom and balcony.
Studio
All are tenanted with a total rental income $1,440 per week
The location is fantastic. Just across the road is the 'Bruns Main Block' with an array of cafe's, restaurants, eclectic shops and the famous Hotel Brunswick. Across the bridge is Torakina Beach, a perfect family friendly, protected beach set just back from the river mouth. Walk out along the break wall to find an open beach running all the way to Byron Bay. If you love the water and a friendly, laid back atmosphere, you're going to feel right at home in Brunswick Heads.
Brunswick Heads itself is centrally located being just 15 minutes to Byron Bay, 30 minutes to Ballina and 35 minutes to Gold Coast International Airport.
For further information or to arrange your inspection, contact Nathan Donnelly at North Coast Lifestyle Properties Brunswick Heads on 0421942630.
Features
- Shed
