506 Ocean Drive

North Haven NSW 2443

Positioned in the heart of one of the Camden Haven's most popular coastal locations, the North Haven Motel presents an outstanding opportunity to secure a substantial income producing property in an enviable position, just 75 metres from the Camden Haven River and a level walk along the river's edge to North Haven Beach.Occupying approximately 927sqm with prominent Ocean Drive frontage, the property is approved as a motel and is currently providing a combination of short-term accommodation.Importantly for investors, the property is currently generating an impressive gross annual return (summary of income upon request), providing an established income stream from day one while retaining considerable potential for the future.The property incorporates a main residence together with multiple motel style accommodation units, creating a versatile holding that may appeal to investors, accommodation operators or buyers seeking a substantial coastal property with an established return.Location is undoubtedly one of this property's greatest strengths.The beautiful Camden Haven River is just metres away, with easy access to the popular North Haven breakwall and picturesque riverside walking path. Continue along the river to North Haven Beach, while Laurieton's shopping, cafes, restaurants and essential services are also within easy reach.The property is connected to town water and mains power and benefits from an existing solar power system, helping offset ongoing electricity costs.For the investor, the existing accommodation arrangements provide an attractive gross annual income, while the property's history as the North Haven Motel opens the door to a range of possibilities (STCA).Continue with the established accommodation arrangements, investigate a return to more traditional motel or holiday accommodation use, or explore the property's longer term potential, subject to the necessary council approvals.PROPERTY HIGHLIGHTS Established North Haven Motel property Substantial returns (summary of income upon request) Approximately 927sqm of land Prominent Ocean Drive frontage Main residence plus multiple accommodation units Established accommodation income Town water and mains power Existing solar power system Approximately 75 metres from the Camden Haven River Moments from the North Haven breakwall and riverside walking path Easy access to North Haven Beach Close to Laurieton shopping, cafes, restaurants and services Outstanding coastal location Exciting future potentialProperties combining an established six figure gross income, substantial landholding and a highly sought after coastal location are increasingly difficult to find.Whether viewed as an investment, accommodation opportunity or strategic coastal holding, the North Haven Motel offers the rare combination of income today and genuine potential for tomorrow in one of the Mid North Coast's most tightly held seaside communities.High gross annual income. Outstanding coastal position. Exceptional future potential.For more information, please contact the exclusive marketing Agent Martin Newell on 0429883488. Disclaimer: All information contained herein has been obtained from sources deemed reliable; however, it has not been independently verified and its accuracy is not guaranteed. Interested parties must make and rely on their own enquiries.