1,2 & 3/16 Mulloon Street, Queanbeyan East NSW 2620

Sold

2 beds

1 baths

1 parking

Unique Investment Opportunity - Own your own complex of 3 Townhouses

A rare opportunity has become available in Queanbeyan East, in the form of 3, two-bedroom town houses, situated on one generous 1052m2 block.

Yes, own your own complex. No strata levies.

As you enter the homes, you are welcomed by a generous open floor plan. The living and dining areas flow into your kitchen which offers plenty of bench and storage space. Accommodation is provided in the form of two generous bedrooms both with built in robes. The bathroom features full sized shower, bath, and a separate WC. Each home features a great sized single garage with access to the rear,

Outdoors, each home is complete with private and low maintenance backyards, with both paved and grassed areas, all are fully enclosed and are separated by a fence for your privacy.

The townhouses are conveniently located across from Queanbeyan East Public School, a short walk to the main street of Queanbeyan and close to Queanbeyan River, local parks and ovals.

Representing great value for the investor, all three properties are currently tenanted. Ideal for self-managed super fund and/or retiree looking for solid income.

Features
- Three two-bedroom homes on the one block
- Separate electricity bills
- Number 1 - Currently Rented at $360.00 per week
- Number 2 - Currently Rented at $390.00 per week
- Number 3 - Currently Rented at $365.00 per week
- Low maintenance common areas
- Two bedrooms with built in robes
- Spacious main bathroom with separate WC
- Open plan living and dining
- Kitchen with plenty of bench space and electric cooking
- Rear paved courtyards, the front and back townhouse have separate grassed yards as well.
- Single lock up garage

Land Size: 1052m2
Construction: 1986
Total Rental Income: $57,980.00 per annum

Property Details

• Type: Townhouse
• Bedrooms: 2
• Bathrooms: 1
• Garage Spaces: 1