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Call Us: 02 6568 3096

9-11 / 13 Serrata Lane, Fishermans Reach

Sold For $185,000 December 5, 2018
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  • Property ID: 61739300
  • Bedrooms: 3
  • Bathrooms: 3
  • Property type: UNITS
  • Building size:
  • Car Spaces: 3
  • Listing type: SOLD

BETTER THAN BANK INTEREST - 10% GROSS YIELD

Whether you're thinking of buying your first investment property or wish to grow your property portfolio, this opportunity is worthy of your serious consideration.

Situated within a complex of Torrens title detached villas and combined bedsit units sprawled over parklike grounds, this offering will immediately appeal to investors seeking a ready-made return with tenants already in place.

- Low maintenance, solid double brick build with high raked ceilings and tiled floors
- 3 bedsitters comprising integrated all day living
- Each unit has its own allocated parking along with visitor parking space
- Affordable weekly rent, currently returning from $140 - $145 p/w with potential to increase to $160 p/w per unit
- Current gross yield of approximately 10%
- Strong rental history within the complex
- Easy stroll to river for fishing
- Within 4kms to shops, cafes, beach at Stuarts Point
- Approximately 20-30 mins drive to Macksville or Kempsey for other facilities
- Opportunity to purchase bedsitters individually, prices ranging from $70k - $95k

* COUNCIL RATES : $356 per qtr (per unit)
* STRATA LEVY : $406 per qtr (per unit)

Call Caterina for more information or to arrange an inspection on 0417 750 773

All information contained herein is gathered from sources we consider to be reliable. Whilst every care has been taken in obtaining the information no warranty is given as to the accuracy. Interested parties should rely on their own investigations and research.

Walking
Stuarts Point Branch Library (Library)
4.19km
58.2 mins
Stuarts Point Post Office (Post Office)
4.22km
58.7 mins
Riverside Tavern (Pub)
4.4km
61.2 mins
The Boat shed South West Rocks (Cafe)
4.61km
64.1 mins
South West rocks PS (Police)
5.05km
70.2 mins
South West Rocks Roxy Cinema (Theatre)
5.16km
71.7 mins
Malt & Honey (Cafe)
5.18km
72 mins
Seabreeze Hotel (Pub)
5.21km
72.4 mins
(Place Of Worship) [roman catholic christian]
5.24km
72.8 mins
South West Rocks PO (Post Office)
5.26km
73.1 mins
South West Rocks SLSC (Pub)
5.31km
73.8 mins
Fast Food
5.32km
73.9 mins
Fast Food
5.33km
74.1 mins
Chillati Gelato (Ice Cream)
5.34km
74.2 mins
South West Rocks Library (Library)
5.36km
74.5 mins
BP South West Rocks (Fuel)
5.87km
81.6 mins
Shell South West Rocks (Fuel)
6.36km
88.4 mins
BP Clybucca Roadhouse (Permanently closed) (Fuel)
10.22km
142.1 mins
Smithtown Post Office (Post Office)
18.16km
252.4 mins
(Place Of Worship) [ christian]
18.23km
253.4 mins
Post Office
18.91km
262.8 mins
Heritage Hotel (Pub)
19.17km
266.5 mins
Pub
19.18km
266.6 mins
Police
19.36km
269.1 mins
Gladstone Uniting Church (Place Of Worship) [uniting christian]
19.4km
269.7 mins
St Barnabas Church (Place Of Worship) [anglican christian]
19.41km
269.8 mins
Hat Head Library (Library)
22.09km
307.1 mins
Christ Church (Place Of Worship) [anglican christian]
22.1km
307.2 mins
Post Office
22.31km
310.1 mins
Fredo Pies (Fast Food)
23.08km
320.8 mins
Coles Express (Fuel)
27.56km
383.1 mins
Fuel
28.11km
390.7 mins
Oasis Service Station (Fuel)
28.15km
391.3 mins
McCafe (Cafe)
28.27km
393 mins
KFC (Fast Food)
28.32km
393.6 mins
Woolworths Petrol (Fuel)
28.38km
394.5 mins
Subway (Fast Food)
28.44km
395.3 mins
The Macleay Hotel (Pub)
28.52km
396.4 mins
Commonwealth Bank (Bank) []
28.58km
397.3 mins
st.george (Bank) []
28.59km
397.4 mins
RSL club (Restaurant)
28.64km
398.1 mins
Kempsey Post Office (Post Office)
28.67km
398.5 mins
Domino's (Fast Food)
28.79km
400.2 mins
Caltex Kempsey (Fuel)
28.88km
401.4 mins
Kempsey Courthouse (Courthouse)
29.05km
403.8 mins
United Petroleum (Fuel)
29.08km
404.2 mins
Railway Hotel (Pub)
29.1km
404.5 mins
Police
29.11km
404.6 mins
West Kempsey Post Office (Post Office)
29.18km
405.6 mins
Great Northern Hotel (Pub)
29.23km
406.3 mins
Hong Kong Chinese Restaurant (Restaurant)
29.24km
406.4 mins
West Kempsey Hotel (Pub)
29.29km
407.1 mins
Kempsey Shire Council (Townhall)
29.34km
407.8 mins
Coastline Credit Union (Bank) []
29.36km
408.1 mins
Kempsey Shire Library (Library)
29.38km
408.4 mins
Caltex (Fuel)
30.19km
419.6 mins
Kempsey SSAA Rifle Range (Hunting Stand)
30.75km
427.4 mins
Puma (Fuel)
34.04km
473.2 mins
Coffee Club (Cafe)
34.05km
473.3 mins
Red Rooster (Fast Food)
34.06km
473.4 mins
McDonald's (Fast Food)
34.07km
473.6 mins
Library
35.96km
499.8 mins
Motorcycle Parking
35.98km
500.1 mins
Willawarrin Post Office (Post Office)
35.99km
500.3 mins
Police
36.82km
511.8 mins
Sherwood Estate Winery (Restaurant)
36.84km
512.1 mins
Crescent Head Post Office (Post Office)
36.93km
513.3 mins
Kundabung Post Office (Post Office)
40.3km
560.2 mins
Kundabung Post Office (Post Office)
42.81km
595.1 mins
Bellbrook Hotel (Pub)
46.41km
645.1 mins
Bellbrook Police Station (Police)
46.56km
647.2 mins
Fuel
46.66km
648.6 mins
Cafe
46.67km
648.7 mins

I wanted to say a big THANK YOU for selling my property at Scotts Head for an excellent price. You and your agency conducted an effective campaign which resulted in the property under contract within a month and achieving above the asking price! A stunning result for me and certainly exceeding my expectations. I am very pleased. Thanks so much for getting me an outstanding sale.

- John Burke

After discussing our situation with Lyndal I felt assured that my mother and the sale of our families home of 52 years was going to be treated like fine china and we were not disappointed. Her warmth and her patience during our preparations was most appreciated as was finding a buyer after only being listed on the market for one day! We both sold and bought our new property through Lyndal and in all areas she exceeded our expectations. I HIGHLY recommend her as a professional and dedicated agent!

- Marlene Welsh

After dealing with another, not so professional agent, we took our business to NV Property. Great people to deal with and a very professional attitude. I would highly recommend the team for getting the right results. Thanks David and the team at NV Property.

- Len Pierce
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