- A net income exceeding $250,000 pa with huge upside.
- Luxurious, spacious 2 bedroom owner''s apartment with sweeping views of the harbour and beach opposite.
- Potential commercial redevelopment opportunity (STCA).
It's not often that a property comes on the market that can not only provide you with a solid income stream and luxury residence but with the potential to take advantage of this Sapphire Coast town's largely untapped top-end tourism market.
Situated on around 3,200 m2 right on the town's main street, this property is a must-see for the owner-operator looking for the opportunity to develop their own statement. Land zoned for both business and commercial suitable for medium density development (STCA).
located in the centre of town opposite Dickinson Park, a leisurely stroll of less than 300 metres to Bermagui Harbour, Horseshoe Bay Beach, restaurants, cafes, bakery and shops. Fishing, boat ramp, golf, tennis and Country Club facilities are all just a stone's throw away.
Guests are able to choose from a variety of ground floor accommodation ranging from units with king or queen size beds to family suites with their own kitchenette. All units are individually decorated with a personal touch and have reverse cycle air conditioning, colour television and tea/coffee making facilities.
There is a large barbecue area in a picturesque setting and off street parking for guest vehicles, coaches and trailers. The property is only too pleased to assist with planning and arranging golf packages and fishing charters to ensure the guests stay in Bermagui is a memorable one.
The area is the game fishing capital of the east coast, made famous and favoured by the likes of Zane Grey and Bob and Dolly Dyer.
Net profit $253,790 for 2015/16
Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.
Property ID: 156MF (quote when enquiring)
Property Code: 2298
For more details, please email agent