Opportunity, Income, Location!
Located in a prime position on top of Buderim within walking distance to CBD and other town amenities is this high set block of three flats, fully occupied by long-term tenants, this is a rock-solid investment on a 701m2 corner site, generating attractive returns.
Each flat comprises two bedrooms with robes, one bathroom, kitchen, open plan living area, covered north facing verandah, courtyard, and double lock up garage with laundry and workshop space.
Neat, tidy, and low maintenance - ceiling fans, security screens and door, shower over bath, carpet in bedrooms and living, are existing features. The block has been well cared for and there's no immediate money to spend… only to earn! There is no body corporation, therefore no fees and minimal paperwork.
The location is super-convenient - directly opposite a medical centre and with a bus stop in front of the building. From here the local IGA is 350-metres, leafy Wirreanda Park 550-metres, Coffee Club 550-metres, and 800-metres to the CBD; all flat, walking distance.
Investors and land-bankers will immediately identify the opportunity on offer here. The current gross annual return is $54,080 and with the Sunshine Coast rental market in a supply crisis, there is no fear of any period of low occupancy - plus, its convenient location in sought-after Buderim is another bonus, making this an extremely risk-free investment.
Expressions of interest need to be in no later than 5pm on Friday March 12, if not sold prior. Contact Brodie Rodgers for a copy of the Information Memorandum, providing full details.
- Rock-solid investment on top of Buderim
- 701m2 corner block, prime location
- 3 flats: all 2-bed, 1-bath and DLUG
- Immaculate condition, nothing to spend
- All tenanted, $54,080 pa gross returns
- Bus stop at front, opposite medical centre
- Walk to CBD, cafes, parks, IGA, primary school
- Superb land-banking/investment opportunity
