This is your chance to acquire a quality income-producing residential investment opportunity in the growing city of Bundaberg on a 1177m2 block with excellent access to public transport, schools, CBD, Aldi, Hinkler Shopping Centre and much more.
Total of 5 units:
- 4 x 2 good sized bedrooms & 1 x 1 bedroom unit
Each consisting of:-
- 1 bathroom
- Kitchen and dining area
- Lounge area
- 1 carport
- Built-in wardrobes
- Laundry
- Currently fully leased, mostly with long term tenants
- Spacious 1177m2 lot, easing access in and out of carport
- Approx. 30 years old
- Ideal to Hold in Super Fund
- Great Income, approx. $52,000 gross per annum - 7.44% return
- Insurance $2500 p.a Rates $9800 p.a
- Potential to increase rental income to $60,000+ p.a due to massive demand for rentals with basically no supply
- QUALITY INCOME-PRODUCING, RESIDENTIAL INVESTMENT!
This is an exceptional opportunity for an investor who seeks a strong passive income return from an ideally located unit block.
The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.
