FOUR (4) RETAIL SHOPS + APARTMENT WITH OCEAN VIEWS

This excellent property is located in the heart of a coastal town. With excellent exposure and visibility it is only a short walk to the beach. Tourists visit the town for its stunning beaches to enjoy swimming, surfing and fishing, and its lovely restaurants and cafes.

This unique property features a luxury penthouse residence/apartment on the upper level of four (4) excellent retail shops. The penthouse, which spreads over two floors of approximately 686m2, has spectacular panoramic ocean views. Features include 3 bedrooms, 2 bathrooms, sauna, 10 metre lap pool, theatre room, grand piano area, gourmet kitchen, extensive outdoor terrace, barbecue area and private lift access. Currently, offered for short term lease to tourists, it provides investors the opportunity to convert it to 2 or 3 serviced apartments (STCA).

The commercial retail shops with quality fit-outs and exposure in a high traffic area are with long leases and excellent incomes. It adjoins the Council Reserve and car park, an amenity essential for retail businesses such as restaurants and cafes.

This property offers the astute investor excellent ROIs with high capital growth potential or a luxurious residence with a superb income.