219 Farm Street

Kawana QLD 4701

859 m²

Block of units

Currently for sale - view listing

Overview

Fully Tenanted Quadplex with Strong Returns - Amazing Investment

As opportunity to invest with this impressive quadplex property, offering the potential to strengthen your portfolio with rental income in one convenient location! Comprising of 8 bedrooms, 4 bathrooms and 4 garages. This property features four separate units, each offering two bedrooms, a comfortable living area, a functional kitchen with dining space, and practical everyday living. Whether you're an experienced investor or looking to take the next step in property investment, this is an opportunity worth exploring. RENTAL RETURNS: Unit 1 – Leased at $380 per week Unit 2 – Leased at $340 weekly with the rent to increase to $360 per week in Dec Unit 3 – Leased at $360 per week Unit 4 – Leased at $360 per week With a combined rental return of $1,440 per week currently, soon to be $1460 this property offers the potential for an attractive ongoing income stream, subject to occupancy, expenses and market conditions. Property Highlights: - Quadplex investment opportunity in Kawana - 4 x 2 bedroom, 1 bathroom & 1 car garage per unit - 8 bedrooms - 4 bathrooms - 4 car garages - Functional kitchens and dining areas - both upstairs units have air-conditioning - Spacious living areas in each unit - Combined rental return of $1,420 per week - Current annual rental income of $73,840 - Appealing opportunity for investors looking to expand their portfolio DISCLAIMER: The information above is provided by The Agency as general guidance only. Although we take care to keep it accurate, we do not guarantee that it is complete or reliable. Prospective purchasers should make their own enquiries and verify all details independently. The Agency accepts no responsibility for any errors, omissions or inaccurate statements.