SITUATED IN THE HEART OF MAROOCHYDORE WE OFFER THIS 3 X 2 BEDROOM UNIT BLOCK OFFERING HOLDING INCOME WITH FUTURE DEVELOPMENT POTENTIAL. Currently returning $50,960.00 in gross rental income we envisage the rental income will increase to $56,160.00 pa when the current leases expire. Circa 1970 with a land holding of 642 sqm the units are in very comfortable order with good kitchens & bathrooms, spacious living rooms, large master bedrooms and enhanced by ample off street parking and laundry & storage facilities.
THE LOCATION OF THE PROPERTY IS CONSIDERED PRIME REAL ESTATE BEING ADJACENT TO SHOPPING FACILITIES AND IN EASY ACCESS TO THE MAROOCHYDORE WATERFRONT. IMPORTANT INFRASTRUCTURAL IMPROVEMENTS SHOULD BE NOTED INCLUDING THE PLANNED RAIL SYSTEM, UPGRADING THE SUNSHINE COAST AIRPORT AND THE IMPORTANCE OF INTERSTATE MIGRATION ARE FEATURES WHICH ADD TO THE CAPITAL GROWTH ON THE SUNSHINE COAST. Information Memorandum available on request.
Enquiries to Andrew Sim 0426 582 818 / andrew.sim@raywhite.com
