units. Offered turnkey with established rental income. Ideally located within walking distance to the main beach and just one street back from the main strip, this property offers convenient access to local restaurants, pubs, shopping, and other amenities. The prominent corner lot and substantial land size add to its appeal, presenting an exciting opportunity for investors looking to maximize rental income while exploring future redevelopment possibilities. With its combination of existing cash flow, desirable location, and generous lot size, this property offers excellent potential for a variety of investment strategies. Explore the possibilities for multi-unit residential development and townhouses, and relocate the cottages to another site, as they are suitable for additional rental units. There is the potential of up to 24 units, subject to municipal zoning, applicable regulations, and approvals. Whether you’re looking to expand your rental portfolio, invest in a sought-after beachside community, or secure a property with long-term development potential, this is an opportunity you won’t want to miss! (id:62650)