26 Cherry Street

Oakey QLD 4401

3894 m²

Block of units

Currently for sale - view listing

Overview

Cash Flow | Potential| Sheds | 2 Street Frontage

26 Cherry Street (or 13-15 Creek Street) is a prime opportunity for those looking to capitalise on taking advantage of purchasing a complex of 6 x (2 bed 1 bath 1car) units plus vacant land with potential development, plus two sheds. All 6 units are currently rented and are offered to the rental market as aged care affordable living - absolutely perfect for Government Housing/NDIS Suppliers, farming families and sophisticated investors looking for a cash flow opportunity to add to your property portfolio. Property Summary: • Complex of ground level units (6 x 2-bedroom, 1 bath, 1 car) • Built in 1990 solid brick build, exceptional condition • 3,894m² - vacant land for further development • No body corporate fees • Ultra-low maintenance grounds • 2 minutes drive to Oakey Shopping Centre • Separate carports • Security screens & ceiling fans • Spacious built-in bedrooms • Separate laundries • Combined living and dining • Wheelchair friendly bathrooms Tenancy Agreements: 1/13-15 Creek Street: Lease to 14 December 2026 @ $280/week 2/13-15 Creek Street: Lease to 9 July 2026 @ $280/week 3/13-15 Creek Street: Lease to 29 March 2027 @ $280/week 4/13-15 Creek Street: Lease to 16 November 2026 @$280/week 5/13-15 Creek Street: Lease to 30 November 2026 @$300/week 6/13-15 Creek Street: Lease to 8 March 2027 @ $280/week Rates: Water Rates: $2,621.62 per half year Land Rates: $3,093.17 per half year Body Corporate Fees: $0