SoldJan 20, 2017

7 Palmer St, Ingham, QLD, 4850

$235,000

10
5
5

BlockOfUnits

30+ days on the market

Sold: Jan 20, 2017

What's around 7 Palmer St

BE QUICK! - FIVE RENOVATED UNITS - GOOD INCOME & LOW MAINTENANCE

MUST BE SOLD. Substantially upgraded by the current owner, this set of five air conditioned units is configured with three two bedroom units upstairs and two large two bedroom units downstairs. Over the past 6 years the owner has completed works to the units as they have become vacant. This includes internal painting, new fans, switches and tv points, soft floor coverings, kitchen and bathroom upgrades, security screens and windows as an example. The roof has been replaced prior to the current owner. The 1015m2 block is fenced and has covered parking for five vehicles at the rear of the block. The design is such that tenants dont share any stairs or doorways contributing to good tenant relations and easier management. These units are currently returning $520/week with two units vacant at $160. Overall the building presents well internally and externally.

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