This solid block of six units represents a real opportunity. The property is only minutes' walk to the shops on the main street of Mossman, services and the local schools.
Mossman has experienced a revival since 2014, with the return of the local council, a doubling of the capacity of the sugar mill and other local businesses expanding. Ray White's vacancy rate in Mossman was under 2% for most of 2014, with strong growth in rental yields.
The units each consist of two bedrooms, a bathroom and open-plan living/dining/kitchen area, with an outdoor living space. The property is being sold with furniture.
There are currently five units rented at a total of $1,080/wk.
Get in now and renovate the block to boost your yield, or watch this property achieve capital growth.
Contact Richard Koser on 0408 421 452 or richard.koser@raywhite.com for detailed figures or to book an inspection.
