Grab the calculator and then grab the phone and call Myles Blackwell immediately. This Mooloolaba waterfront home is currently rented under the rooming accommodation act with 6 separate tenancies in place. In total the yearly rent returns $84,500. The original residence remains solid and presentable, however its future use may be assessed by the new owner to be a future land bank for the waterfront family home. In the meantime, you can enjoy the year on year returns of $84,500 (less management fees and council outgoings). For a private viewing please call Myles today.
Features to be admired………
Waterfront residence in popular Mooloolaba suburb surrounded by exclusive high end buildings Only the one neighbor as the rear of the property fronts onto the water and the North East neighbor is a council parkland 812m2 prominent Mooloolaba location Current Rents
Room 1 $270
Room 2 $260
Room 3 $240
Room 4 $275
Room 5 $380
Room 6 $200
Total $1625/week or $84,500
Land parcel 812m2
