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.
A very easy and smooth sale from start to finish would recommend this agent to anyone who is looking to sell or buy.
Ben Bate Real Estate has a great reputation in Narooma and recently selling my mother's property through them I understand why. Their service was professional and they kept us informed regularly on the progress. Thank you for your great service and support. You will be recommended.
Hi there, I have recently sold my house with Ben Bate Real Estate. It has been a highly professional and well organised experience. Ben is conversant from the beginning to the end of the process and offered me a detailed break down of the strategy and innovations that he used for a quick and rewarding sale of my property that my expectations. Likewise, the staff at Ben Bate Real Estate provided me with regular weekly updates which added to the experience of professionalism and a well organised team that achieves the best possible results. I will not hesitate to use BBRE in the future and additionally recommend the company to anyone that is considering buying a property on the NSW South Coast. All the best, Johnny Glasgow.