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61, 61A & 61B Cliff Street, Portland

61, 61A & 61B Cliff Street, Portland

  • 6 bedrooms
  • 4 bathrooms
  • Approx 1448.4 Square metres

Investment by the sea!

61, 61A & 61B Cliff Street, Portland
Enviably located in the municipal precinct of Portland overlooking the main foreshore and busy Port area, the dwellings are situated on approximately 1,448.4m2 and offer a rare investment opportunity. The property includes two dwellings situated on one lot, being a residence known as 'Seafarers', currently tenanted at $360 per week, together with a second and separate dwelling referred to as '61A & B Cliff Street' which has been set up to accommodate two separate long term leases currently tenanted at $280 & $250 per week.
'Seafarers', originally built in the late 1800's as a guest house, sits on a bluestone slab and has what appears to be three-brick deep exterior walls and double brick interior walls, which, along with very high ceilings ensure the building stays naturally cool in summer. Other features of the era include bluestone window sills, three private phone booths, a sitting room and a library.
61A & B is a double storey brick veneer building constructed in 1985. The ground floor includes a one bedroom unit with combined kitchen/living area, bathroom with laundry facilities and a double garage. The upper level comprises a two bedroom apartment. Each bedroom has a designated bathroom and the living areas are spacious with gas heating.

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Estimated monthly repayments based on advertised price of $1050000.

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