5 Enterprise Drive,
Berkeley Vale, NSW 2261
Offices
Price information
Sold
$1,085,000
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 5 Enterprise Drive
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 !
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
04216459...
5 Enterprise Drive
Berkeley Vale, NSW 2261
Knight Frank - Central CoastSuite 401 / 1 Bryant Dr
TUGGERAH, NSW 2259
TUGGERAH, NSW 2259
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
50-52 The Entrance Road,The Entrance, NSW 2261 677 m²Shops & Retail • Development Sites & Land • Offices
$560,000
3/35-37 Coral Street,The Entrance, NSW 2261 54 m²Shops & Retail • Offices • Medical & Consulting