One of the most lucrative residential investments on the market today, this complex comprising of 6 semi-furnished townhouses is situated within 100* metres of the Biloela CBD. The location ensures a history of high occupancy by being a short stroll away from restaurants, hotels, supermarkets, gyms and retails stores.
• Land area 1,244 square metres, zoned General Residential Multiple Dwelling.
• The upper level of each townhouse is the spacious, air-conditioned main bedroom with built-in robes and an ensuite.
• The lower levels consists of an open plan kitchen and living, plus the second bedroom with built-in wardrobes. Also on this level is the family bathroom with separate toilet and an internal laundry.
• This property is currently achieving a net income of 9% with no body corporate fees.
• The complex has been managed by Ray White Biloela over the last 18 years and enjoys full occupancy with low vacancy rates.
• This property provides a fantastic opportunity to secure a cash positive investment in a great location.
• 2020/2021 financial information available.
Sale $790,000
Private inspection by appointment only.
*Approx
