Improvements are complete! The owner of this brilliant set of flats have turned their 4 bedroom unit complex into an 8 bedroom unit complex and is ready for new tenants toady! With rental appraisals for each unit sitting between $310 - $330, this is the dreamy investment opportunity you've been waiting for!
Located just a short 5 minute drive from the edge of town, 7 Beecher Street represents an incredible opportunity for investors/ companies who are looking for a multi-dwelling property at a great price with existing tenants in 2 out of 4 units.
NO BODY CORPORATE FEES!
ONE TITLE!
BUILDING AND PEST INSPECTIONS AVAILABLE ON REQUEST!
• Located under 5km from Gladstone/ Kirkwood Road
• Dedicated covered carparking for each unit
• Spacious 800sqm block with town water connection, established septic, individual meters which have all been upgraded and individual hot water systems.
• Side access to the rear of the block which is flat and partially fenced, ideal for tenants with caravans/boats etc.
• LOWER LEVEL UNITS (1 and 2) have undergone recent refurbishments with 2 new bathrooms and unit 1 has a fully renovated kitchen. In addition to a full internal repaint, the floors have had an epoxy flooring applied throughout, a great low maintenance option for tenants. 1 x modern split system air-conditioning unit in each unit.
• UPPER LEVEL UNIT (3 and 4) have mostly original bathrooms/kitchens and 1 is currently tenanted for $250 privately. The owner is actively working with a local rental management office to formalise this lease so that all 4 units can be under professional management with the appropriate paperwork in place.
PLEASE NOTE: Photos of the upper level units have had the tenants personal belongings digitally removed.
• Each unit has their own dedicated bathroom, kitchen and laundry area and there are covered outdoor spaces at both front and back of each unit.
Inspections are strictly via private appointment only with ample notice required to the tenants.
Key Financial Information:
Council Rates – Approx $5,300 p/y (For the whole complex)
Established Tenancies/ Rental Appraisals:
Unit 4 – Currently Vacant
Current Rental Appraisal - $310 - $330p/w
Unit 3 – Rented for $250p/w. No fixed term lease agreement in place
Current Rental Appraisal - $310 - $330 p/w
Last known rental price change 08/02/2024
Unit 2 – Currently vacant.
Current Rental Appraisal - $310 - $330 p/w
Unit 1 – Currently vacant.
Current Rental Appraisal - $310 - $330 p/w
For further information or to arrange a private viewing contact Luke on 0407899110
**Please note the information in this advertisement comes from sources we believe to be accurate, but accuracy is not guaranteed. Interested parties should make and rely on their own independent enquiries and due diligence in relation to the property**
