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6-7 Easton Place
East Ballina, NSW 2478
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Overview
6-7 Easton Place, East BallinaContact Agent NSW 2478
Situated in a peaceful cul-de-sac within one of East Ballina's most desirable areas, this property at 6-7 Easton Place presents a unique investment opportunity. It comprises a block of seven units on a single title, offering excellent returns for investors. The location provides convenient access to beaches, schools, shopping centers, and the Ballina CBD, making it an attractive option for new owners.
- The property is positioned in a quiet cul-de-sac within a well-established East Ballina neighborhood.
- It includes six two-bedroom units and one three-bedroom unit, all enjoying views of North Creek.
- The combined gross income from the residential tenancies is approximately $227,000 per annum.
- The complex's roof was replaced in 2025, ensuring structural integrity and reducing maintenance concerns.
- The site is zoned R3 Medium Density, providing options for redevelopment.
- East Ballina's competitive rental market offers secure tenants and consistent returns.
- This is a prime investment opportunity for astute investors looking to diversify their portfolio.
- Council files and town planning reports are available to assist with due diligence.
This property is approved for both holiday accommodation and long-term tenancies, enhancing its versatility and appeal. The medium-density zoning allows for potential redevelopment, making it a valuable asset for investors seeking growth opportunities. The location's proximity to natural attractions such as North Creek and Shaws Bay adds to the lifestyle appeal for tenants and owners alike.
Overall, 6-7 Easton Place offers a well-rounded package combining strong rental income, redevelopment potential, and a sought-after location in East Ballina. It is an excellent choice for investors aiming to secure a multi-income property in a blue-chip area with promising future prospects.
Location
East Ballina NSW 2478
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