Situated in the Fishing town of Karumba, these houses represent incredible value with numerous possibilities. All dwellings currently tenanted. The large shed with amenities on 53 is reserved for the owners exclusive use, so you have income and lifestyle wrapped up. Other uses could be converting one or more properties into Air BnB's for the weekend or winter fishing tourist market. THE BREAKDOWN: 51 & 53 are being sold together on one title. Both lots = 2,016m2. Offers Over $425,000 Considered. 51 has a 2 bedroom, 1 bathroom house and a 1 bedroom, 1 bathroom house with a light framed vinyl roof patio - granny flat. Current Rental return - $200 pw for the house and $160 pw for the granny flat = $360 pw. 53 - 1 bedroom and 1 bathroom, perfect for boat storage. - 5m clearance under roller door. Potential rental return for the shed for rental storage up to $350 pw. 80 - NOW SOLD 82 - NOW SOLD Rental properties are extremely hard to come by in this town so this represents a great opportunity to either keep the long term tenants in place (they are all on periodic leases at present) or renovate and increase your return down the track. For further information please contact Robyn on 0488 071 007.
