3 Bias Avenue, Bateau Bay

Located in a central position within Bateau Bay sits this rare and outstanding investment opportunity. Directly across the road from the Bateau Bay bowling club, 5 minutes drive to Bateau Bay Square shopping centre and less than 500m walk to the beach, this dead level 663sqm corner block enjoys street access from both Bias Avenue & Pheasant Avenue.

Held on one single title, this is a unique opportunity to purchase the block of 4 strata units which includes 3 x 1 bedroom units and 1 x 2 bedroom unit. All units are currently rented generating a strong rental yield. Alternatively another option is to renovate and rebuild on the site.

One bedroom Units
- Combined living and dining
- Single car space
- Substantial bedroom with ensuite

Two bedroom Unit
- Combined kitchen, living and dining
- Two bedrooms
- Entry foyer which can double as a sunroom
- Single lock up garage

Unit 1 | $280pwk | Lease Expiry 29.03.23
Unit 2 | $225pwk | Lease Expiry 21.07.22
Unit 3 | $175pwk | Lease Expiry 07.04.23 - Increased to $200 on 09.04.22
Unit 4 | $345pwk | Lease Expiry 02.01.23

Total rental income $1,025 p/week

To be SOLD at Auction.