5 River Street

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 vicki@hills2coast.com.au to arrange your personal Inspection or for further information.