Four units on one title! All tenanted! No Body Corp Fees!
This property has traditional Qld elements, situated in a premium inner city suburb together those aspects equal always tenanted!
Set at the front of a 809Sqm allotment allowing space for 2 double carports, gardens, under cover sitting area, outdoor cloths line and dual driveways to access the carports.
Each unit comprises of two bedrooms and one bathroom with internal laundries, living and dining open space in the ground level units whilst upstairs have an extra living space at the front. The kitchens are all modern and similar in design, bathrooms have had an upgrade in the past five years and there is air conditioning to most rooms.
Rent return currently $1100 Per week - Increasing in May 2024 $1150
Gross annual income from May 2024 approx $59800
Rates Approx $10,500 per annum
Current lease end dates;
Unit 1 - 12/1/25
Unit 2 - 16/7/24
Unit 3 - 2/5/24
Unit 4 - 8/5/24
Renovations in the past 5 years include;
Upgraded kitchens to units 2,3 & 4
Roof re-screwed
Carport roof replaced
Hot water system to unit 3
Location is in high demand within walking distance to the Stadium, restaurant precinct and the CBD.
Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept the liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly, all interested parties should make their own enquiries and obtain their own legal advice.ross annul income
