8 Chappel Lane

Charters Towers City QLD 4820

1012 m²

Block of units

Currently for sale - view listing

Overview

TWO TENANTED UNITS WITH FUTURE DEVELOPMENT POTENTIAL

8 Chappel Lane, Charters Towers City This dual-unit property presents an excellent opportunity for investors seeking an established income-producing asset with additional development potential. Positioned on a generous 1,012m² allotment, the property comprises two self-contained, low-set, two-bedroom units. Both units are currently occupied by great tenants, providing immediate rental income for the new owner. The substantial rear section of the property may also offer the potential to construct a third unit, subject to council and all other required approvals. TENANCY DETAILS: • Unit 1 is leased until 8 June 2027 for $390/week • Unit 2 is leased until 22 July 2027 for $340/week • Both units are occupied by great tenants • Contact the agent for details regarding the current rental returns EACH UNIT INCLUDES: • Two bedrooms • One bathroom • Functional kitchen • Comfortable living and dining area • Air-conditioning and ceiling fans • Single covered car accommodation ADDITIONAL PROPERTY FEATURES: • Two self-contained units • Four bedrooms and two bathrooms in total • Two covered car spaces • Low-set block construction • Approximately 1,012m² allotment • Established yard with mature shade trees • Generous rear section, Potential for a third unit, subject to all required approvals • Immediate dual rental income • Convenient central location The property is conveniently positioned close to the Charters Towers town centre, Cornetts IGA, Woolworths, local shopping facilities, the Charters Towers Water Park, skate parks and Columba Catholic College. Whether you are expanding an existing portfolio or looking for an investment with established tenants and potential for future growth, 8 Chappel Lane deserves your attention. Contact Gold City Realty today for further information, details of the current rental returns or to arrange an inspection. Prospective purchasers should undertake their own enquiries regarding the property’s development potential and all relevant council and authority requirements.