52 Fourth Ave

Parkside QLD 4825

Block of units

Currently for sale - view listing

Overview

Three Income Streams. One Title. $1,130 Per Week Return.

If you’re searching for a high-yield investment with multiple income streams already in place, 52 Fourth Avenue deserves your attention. Set on a generous 1,012m² allotment, this unique property offers three separate residences on one title, delivering a combined rental income of $1,130 per week from day one. The front residence is a spacious three-bedroom high-set home featuring split-system air conditioning, built-in wardrobes, internal laundry, and a second toilet. Privately positioned at the rear are two self-contained two-bedroom units, each complete with air conditioning, built-in wardrobes, dishwasher, private courtyard and external laundry facilities. For investors, the appeal is simple: three separate rental incomes, reduced vacancy risk, and strong cash flow from an established asset. Stand Out Property Features: - Three-bedroom high-set home with private yard and swimming pool - Two separate two-bedroom units - Combined rental income of $1,130 per week - Split-system air conditioning throughout - Built-in wardrobes across all dwellings - 1,012m² allotment - Allocated off-street parking spaces - Convenient location close to schools and local amenities - Recent improvements to the whole property including full external repaint including house roof with heat resistant coverage, complete pool refurbishment, driveway upgrade & safety bollards. Properties offering this level of income and flexibility are difficult to find. Whether you’re expanding your portfolio or seeking a strong-performing regional investment, this is an opportunity to secure a proven income-producing asset. Contact Outback Auctions & Real Estate today to arrange your inspection. Janessa Bidgood 0429 855 734