Price unavailable
Price unavailable120 Wagonga Street, Narooma NSW 2546
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Property was sold.
Property was sold.
5 beds
5 baths
House
524m²
5
5
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House
524m²
One of the best known buildings in Narooma and housing multiple tenants for the astute investor. Caseys Cafe has been an incredibly popular cafe since it first opened back in the 1990s and is the key tenant here. There are also two other commercial tenants as well as two very large apartments above that have been extensively renovated in recent years. The current rent is returning 5.97% Net to the existing owner. This property would enable a new owner to continue with this attractive return or use one of the apartments for themselves and still obtain a return of 4.5% Net.