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Under Contract

Immaculate Apartment / Tourist Accommodation Complex in Central Location

This centrally located, 13 unit fully self-contained tourist accommodation has been consistently operating for many years and has a well established repeat clientele base.  It has been renovated and maintained constantly over the years to a very high standard. 

Pine Valley apartments has fantastic infrastructure with a transit lounge and office at the front of the property, BBQ area, guest laundry, extensive storage areas, a working bore and beautifully maintained grounds. There are opportunities to live on site in one of the units and manage the rest, or offer staff quarters.
Only a 5 minute walk from the heart of town with restaurants, bowling club, leagues club and RSL club, super market at your guests  doorstep. 
The property sits on two titles ~  2023m2 & 1316m2 ~ both portions are zoned Mixed Use, offering prime real estate close to town. 

The property consists of 4 blocks containing a total of 13 units, and offers a myriad of options - units could be interconnected to create larger apartments ideal for long term rentals market or even sold individually under company title, which is a growing area of opportunity. 

~ 8 X 1 bedroom units

~ 4 x 2 bedroom units

~ 1 x large studio unit

Properties with this level of opportunity are being snapped up at the moment - organise a viewing today. 

Features

Courtyard Barbecue Outdoor entertainment area Indoor entertainment area Fenced Self-contained accommodation Low maintenance Level Block Water Tank Bore gas
17 13 5
Address 29 New Cascade Rd, Norfolk Island
Price UNDER CONTRACT
Property Type Residential
Property ID 540
Category Block Of Units
Land Area 3,339 m2

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Agent Details

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Angie Andresen

0011 6723 50803
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