SoldMar 31, 2022

7 Maynard St, Walkervale, QLD, 4670

$392,800

5
2
2
1487 m²

House

30+ days on the market

Sold: Mar 31, 2022

What's around 7 Maynard St

LARGE 1487SQM LOT WITH DEVELOPMENT POTENTIAL - MULTIPLE INCOME STREAMS

INVESTORS ALERT!! This is a an investors dream with dual income on a large development block! Whether looking for a near 7% gross yielding property, or would like somewhere to reside with a little additional income, this setup leaves the choice with you. Containing a large four bedroom residence at the front, which has two separate living areas + a sunroom, a great tenant paying $280. The second residence is a one bedroom space, good tenant paying $190 per week. With the rental market tightening in our region, there is huge potential to increase your yield to make this investment even more attractive! Both residences are separately metered, however you have the convenience of still paying one set of council rates, as it remains on the one title. A great nest egg for retirement, allow the rental income to service your needs until a possible re-development of the block or simply leave this perfectly good investment do its thing! Positioned right in the heart of Bundaberg in the sought after area of Walkervale, simply 5 minutes to major shopping, schools, sports clubs & a range of health facilities including hospitals. Lease on Unit 1 expires 22/7/22 (has been there since 2015) $280 pw Lease on Unit 2 expires 14/8/22 (has been there since 2008) $190 pw Neither tenant has missed a payment. The smoke alarms are compliant with the new legislation. Simply call exclusive marketing agent Dale O'Brien to book your private inspection or to make an offer on 0422 038 391. *Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided. The floor plan included in this marketing material is for illustration purposes only, all measurement are approximate and is intended as an artistic impression only. Any fixtures shown may not necessarily be included in the sale contract and it is essential that any queries are directed to the agent.

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