4 Alfred Street, Nanango QLD 4615

$450,000

6 beds

3 baths

3 parking

Calling All Investors - Tidy Grand Old Building with an Excellent 8% + Return

Zoned multi units & currently configured into 3 separate units this grand old lady is located in a great down town locale within an easy stroll to the cbd shops, schools and town pool.
Offering the following features:-

• Configuration: Three individual units
Gross Return: Solid over 8%
Total Weekly Income: Currently returning $705 per week
Location: Prime downtown spot, close to shops, schools, and town pool

• Unit Details:
Unit 1 a 3-Bedroom unit currently returning $255/wk with the current lease ending early April 2025.
Unit 2 a 1-Bedroom unit currently returning $215/wk with the current lease ending mid December 2024.
Unit 3 a 2 -Bedroom unit currently returning $235/wk with the current lease ending early April 2025.

• Features:
Interiors: Polished timber floors, independent kitchen and bathroom facilities
Original Features: Wide floorboards, fretwork door panels, ceiling roses
Outdoor Amenities: Front verandah, rainwater tanks, large 3-bay carport with laneway access
Security: Secure fencing and carports

• Investment Highlights:
Excellent with 8% + Return*: Excellent for investors looking for strong returns
High Occupancy Rates: Reliable rental income
Prime Location: Convenient access to amenities - Zoned Multi Units
Council Rates: $2650/ half year including water

This grand building is a rare find with its unique charm and excellent return. Act fast to secure this solid investment opportunity.
24 Hrs Notice Required Prior To Viewings
James McKee 0403 430 544

Gross*Approx.
Disclaimer: We have in preparing this information used our best endeavour to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property Details

• Type: BlockOfUnits
• Bedrooms: 6
• Bathrooms: 3
• Toilets: 3
• Carport Spaces: 3
• Land Area: 814 m² (approx)