We have just listed this sensational 825m2 Prime Beachside Land, with the original Palm Beach Motel.
The site currently has 9 x 1 bedrooms self-contained units and 2 x 2 bedrooms self-contained units, positioned on the land.
The 11 units are currently returning income of $92,595 per annum (07/08).
What a real opportunity to secure a strategic beachside investment in between The Esplanade and multi-million dollar Jefferson Lane.
This current site will be sure to impress, as we start to experience a major re-development on beachside property in Palm Beach.
Are you looking for a sensational, strategic beachside investment with serious capital gains guaranteed in the future?
Contact Mark Jensen 0410 439 950 to discuss this investment opportunity today!