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Rare opportunity to purchase this solid brick building comprising a total of 7 individual units ( 1x3 bedroom, 3 x 2 bedroom and 3 x 1 bedroom units).
The unit complex has been well maintained. New bathrooms, kitchens, flooring, painting, and appliances in several of the units. Shared laundry facilities at the rear of the property and off street parking.
Ideally located in the heart of Herberton township 50 m from the main street shops, supermarket, cafes, pharmacy, post office, library, and hardware store. Two high schools and a primary school are within walking distance. Local hospital and major tourist attraction Historic Village Herberton nearby.
The long term residents of the property have formed a close knit community and work together to keep it neat and tidy. Grounds are well maintained, with trees planted at the rear to provide a natural screen.
Property situated on two titles with value add potential by strata titling the units (subject to council approval).
Low rental vacancy rates offer the savvy investor consistent high rental returns.
Rates $5,631 per half year.
Rental income $1650 per week.
Contact exclusive agent Alex Payne today for more information.
45 James Street, Malanda QLD 4885
Call LJ Hooker Malanda on
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