203 Charlotte Bay Street

Charlotte Bay NSW 2428

Featuring two secure tenants, FoodWorks and Metro Petroleum, this property guarantees a strong and reliable income stream. Long-term leases with annual CPI increases provide certainty and stability for your investment portfolio. The option periods extending through to 2042 and 2046, coupled with a recently built supermarket with a 20-space concrete car park at the rear,
Refurbished service station improvements including new dual wall piping and new tanks, parking spaces + on-street parking at the front of the property solidify the property's long-term value..

Prominent street frontage ensures maximum exposure to passing traffic, further enhancing the property's investment appeal..

Spanning across 2068 sqm of land, this property boasts sound construction and high-profile tenancies, making it a standout choice for investors. With a key location in Charlotte Bay and the added allure of Wallis Creek frontage at the rear, this property offers further potential for growth..

The two tenancies have a combined net income of $395k p.a.
offering a guaranteed dual income stream with even more untapped possibilities.

Astute buyers may also want to take advantage of the private 8-meter wharf,Current owners have moored houseboats up to 60ftwith 40 meters of waterfront to Moor your personal boat and an additional garden section can be fenced off to make a private marina berth.

Other possibilities include utilizing the garden area for a food or coffee van for further income

Charlotte Bay, a small community in the Great Lakes District, serves as a vital link between Forster and the Pacific Highway. With an established trading history for both tenancies, this investment promises a lucrative future in a rapidly growing region.

Don't miss out on this extraordinary opportunity to secure exceptional returns on your investment. Enquire today to explore the vast potential of this remarkable investment property.

Details:
Lot Plan: 1/DP1235034
Lot Plan: 2/DP1235034

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