No experience necessary, 12 month leases, ultra low maintenance and a massive nett income of over $100,000 per year for the lucky owner. This property sits on two lots, is zoned LMR and I’m told is the most sought after accommodation of it’s type in the area. Why? Because it is immaculate, clean and close to everything! If you are looking for a safe place to invest your money where you will get a massive rate of return AND annual capital growth on the land, read on!
Our north Queensland owners no longer require this property so are seeking genuine offers to take it over walk in / walk out with everything! Leases, bonds and tenants are in place with more waiting to sign up if anyone wants to leave at the end of the year. I’ve had the pleasure of selling a number of accommodations in my career so far and I can tell you - this is the best one by far!
Property Summary:
- Post War hardwood with tiled roof
- 571 sqm block on 2 lots
- Body Corporate set up (no annual cost)
- Zoned: LMR
- Fully renovated, rewired and plumbed
- Separate utilities / electricity / gas meters on both sides
- 2 kitchens with white goods included
- 2 furnished lounges with TV's
- 4 bathrooms / 4 toilets
- 2 laundries with washers / dryers included
- Hardwired CAT5 data to each room
- Ceiling fans, beds, desks & cupboards in all rooms
- Automated security lighting throughout
- Security cameras on perimiters
- Fire Code compliant
- Bus Stop to UQ - 95m
- Bus Stop to CBD - 125m
- Walk or ride to University - 1.4kms
- Gailey Road Shops - 450m
- Ironside State School Catchment
- Floor Plan attached for review
All the hard setup work has been done - this is as good as it gets. Financial summary available upon request and our sellers are happy to show you the ropes to make the transaction as stress free on you and the tenants as possible. Make an appointment to inspect as see what a genuine money maker looks like for real!
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