434 The Esplanade – SOLD!

Waterfront Opportunity!- BEO $470,000

 

There’s so much scope for you to add value here! Keep on the tenants and keep this 1920s 2-flat property as your own cash cow, refurbish it as a family home, or demolish it and build a dream home or fabulous apartments.

The downstairs flat has lovely sea views, beautiful wood panelling and an open fire in its living room, two generous bedrooms, and a large kitchen. The upstairs flat has even more magnificent sea views, a large semi-ensuited bedroom, separate lounge with fireplace, a separate dining room which could easily convert to a second bedroom, and a large kitchen. The current rental is $655 per week, but refurbishment could increase this substantially.

With a fantastic waterfront location right opposite the marine reserve, you’ll love it here.