Offers over $750,000
If you are searching for an amazing investment property with boundless future potential then look no further! This property is situated just 2 streets from the water in beautiful Burrum Heads. Not only are there 5 separate units all producing income, but the block has 2 titles, for future development this has so much potential!
Future ideas for this property could be: keep as is and have a great return on your money, live in one of the units and still have a great income, subdivide, remove the front building and build a new home keeping the back units as long term rentals or Airbnb units for an income!!! The potential here is huge! (all STCA)
* ALL 5 UNITS ARE CURRENTLY TENANTED AND RETURNING $1130 GROSS PER WEEK
In a snapshot this property features:
* 3 units to the rear - these are studio units each containing a bathroom, kitchenette, open plan lounge/bedroom, carport, plus a shared laundry
* 2 units to the front - these units share a double carport and are set up as:
Upstairs - 2 bedrooms, combined lounge/dining and kitchen area, bathroom with laundry facilities, plus storage room
Downstairs - 1 bedroom, combined lounge/dining and kitchenette area, bathroom and separate laundry room
* All units are separately metered for electricity.
* Front & back units are on two (2) separate titles (lots 1 & 2)
* 5KW solar system
* 1012m2 level block
This great property is situated just 2 minutes from medical centre, boat ramp, shops, tavern and petrol station, and just 25 minutes to Hervey Bay. Why not secure a high return on your investment with assured capital gains for the future. There are so few investment opportunities like this along the Queensland coast, so be sure to have a look.
* please note inspections need a minimum of 48 hours notice
CALL NOW FOR MORE INFORMATION
350 The Esplanade, Scarness QLD 4655
SAMANTHA SCOTT
0421939213