5 Enterprise Drive,
Berkeley Vale, NSW 2261

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$1,085,000

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BOUTIQUE INVESTMENT!

A hidden treasure, this quality speciality investment property has a long established bordello tenant with proven returns.
Deceptive from the exterior - the greatest feature of this property is the DA Approval for this type of business and the cashflow associated with the affordable rental.
Once inside, the 'Moulin Rouge' premises open into chandeliers and rich timber tones, with multiple bedroom configurations and full bathroom/spa/shower fitouts in each.

The land (approx 4295m2) has additional development potential and whilst currently discreet from the road, the high exposure road frontage creates an additional income stream from signage licensing.
Tenant is strong and a new 5x5x5 year lease is in place. Total Income approx $97,000 PA Net + GST.
This is an amazing unique opportunity!

CALL NOW !

Property ID: 501465547Last Updated: 20 Mar 2018

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