4/20 Gregory Street
South West Rocks, NSW 2431

This single bedroom unit is situated in a prime location, offering an elevated and private setting within a well-maintained complex. It benefits from ample parking and is conveniently located just 300 metres from Horseshoe Bay and the local shopping centre, making it an ideal spot for both residents and investors.

The unit has been recently renovated, presenting a modern and fresh living space that is perfect for a set-and-forget investment or a superannuation fund. Its origins as an old motel add a unique character, and it holds potential for holiday rental opportunities given its central position in South West Rocks.

Positioned directly across the road from Back Creek and only a short walk from the CBD and Horseshoe Bay, this unit offers an unbeatable and rare location at its price point. It is one of six units on a 745 square metre block, which also presents potential for future development subject to council approval (STCA).

Currently leased to a reliable tenant paying $320 per week, this property represents a solid investment opportunity. Prospective buyers are encouraged to inspect and consider all offers as prior offers will be reviewed.

Disclaimer: The information provided in this listing is based on details supplied by the vendor and agents. While every effort has been made to ensure accuracy, prospective purchasers should conduct their own enquiries and form their own judgments regarding the property.