Under Contract

Versatile Property in Central Location

Located within a 3 minute drive from town and Cascade Bay this unit complex is the perfect entry point for anyone looking at  rentals or tourist accommodation - with versatility to consider a residential opportunity.

Including 4 identical 1-bedroom apartments plus communal laundry, the units are fresh, well appointed and offer the ideal location for visitors or longer term tenancies. The return on investment for this property is exceptional. Currently operated as popular tourist accommodation "Hibiscus Regal" and forward bookings are extremely healthy - if you're looking for a walk-in / walk-out opportunity, this is it. 

2 of the units have interconnecting doorways to enable larger family groups to stay, or consider opening the units up to create different configurations. The options with this accommodation block are excellent, the price point very comfortable and  immediate returns possible. 

  • 4 identically appointed 1 bedroom units
  • Full-sized communal laundry
  • Solar voltaic panels - approx. 3 kw
  • 11,000 gallons water storage (brand new water tank)
  • Beautiful sub-tropical gardens
  • Concrete driveway

A second block on a separate title is also available adjacent to this property with its own road frontage address along New Cascade Road.  Currently the properties are operated as one tourist accommodationand could be continued as such by any new owners. 

4 4
Address 2 Yorlor Lane, Norfolk Island
Property Type Residential
Property ID 548
Category House
Land Area 811 m2

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Angie Andresen

0011 6723 50803
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