This prime investment opportunity is conveniently located within walking distance to Ingham's CBD and is currently generating a strong return of $55,380 per annum. The property consists of four fully tenanted units, refreshed in recent years with a complete exterior repaint and updated roof and guttering.
The units are detailed as follows:
Unit 1 features
Three bedrooms,
Rear air-conditioned living room,
Kitchen with ample cupboard space,
Bathroom with a separate toilet and plunge,
Front balcony.
Unit 2 includes
Two air-conditioned bedrooms,
Living room that opens onto a front balcony,
Modern kitchen,
Upgraded bathroom.
Unit 3 offers
Integrated air-conditioned living,
Well appointed Kitchen,
Central dining area,
Three bedrooms,
Bathroom with a separate toilet.
Unit 4 consists of
Air-conditioned living,
Central kitchen and dining area,
Three bedrooms (two of which are air-conditioned),
Bathroom with a separate toilet.
The property also boasts a rear yard with a four-bay carport, easy access via concrete driveways on both sides, and external laundry facilities for each unit.
Set on an 809 sqm block, this property delivers consistent rental income of $1,065 per week while also offering potential for further improvement, making it an excellent addition to any investment portfolio.
For more information or to arrange a viewing, contact Ray White Ingham or reach out to Marie directly on 0448 347 722.