1, 2, 3/25-25 Raymond Terrace, Yeppoon QLD 4703

Great Passive Income Now Re-Develop Later
UNITS 1 2 3 at 23-25 RAYMOND TERRACE YEPPOON Investor PACKAGE
Add to your Investment Portfolio or Super Fund.
Rare opportunity to invest in bricks and mortar with this very original and structurally solid 1980s unit complex located close to the centre of town set on a huge 1135 sqm approx block.
Magnificent sea and township views from all the units on all levels they are minutes from the centre of town yet set high and in a quiet street so there is no disturbance from traffic or business.

Part of an established low density 4 unit strata title complex on a large land area.
Three (3) units are being offered for sale AS A PACKAGE. All units are separately titled.
By buying all three you will have majority voting rights, you can even decide to manage the body corporate yourself.

All the units consist of 3 levels
Ground floor = Garage, storage
Level 1 kitchen, laundrette, dining, lounge, balcony
Level 2 2 bedrooms bathroom, toilet, sleepout, balcony

These units are the perfect investment vehicle with steady income for you or your SMSF now and with excellent redevelopment potential STCA into the future to take advantage of a sought after location and 1135 sqm approx land size.

Nearby public transport medical facilities shopping facilities and the beach are all attractive to current and future tenants or owner.
Easy to leave the car in the garage and walk anywhere.

Generous common property driveway provides vehicle access to each single garage with generous visitor parking. At the rear of the property the pool and garden. BBQ common area is shared by the 4 units.

Currently the 3 units for sale are unoccupied anticipating the buyers potential preference for vacant possession. Given the current critically low vacancy rates in Yeppoon there will be no delay to reletting the individual units.

The decor is original and somewhat dated. This will give an enterprising new owner the opportunity to renovate each unit to their own taste and increase their value and appeal even further.
However they are still very neat and tidy and functional and can be rented out immediately.

The potential rent for each unit is estimated to be $500 per week they were all leased until recently.

Each property benefits from:-
Low unit to land ratio
Open plan living kitchen dining area
Air conditioning throughout
Two bedrooms
Large Sleep out could be used as home office or 3rd bedroom
Bathroom with shower
Separate Toilet
Laundry adjacent to kitchen
Pool and garden barbecue area
Individual lockup garage to each unit
Great opportunity for renovation now or in the future
Critically low vacancy rates in Yeppoon

FAST FACTS
Zoning Residential
This property is a walk in ready to go investment
The Complex:-
4 x 2 Bedroom Units. Note - 3 Units Only for Sale ATM
Functional kitchens and Bathrooms throughout
Generous sized single lock up garage and storage
Extraordinary Location
Easy walk to shopping transport medical facilities and the beach
Anticipated return 26000 pa gross per unit approx
1135sqm block Low unit to land ratio
Low Body Corporate Fees 2950 per year approx
Water 120 per year
Council rates 3358 per year approx
All Smoke Alarm Compliant
Pool Certificate Compliant
All individually metered including water
Local Government area Livingstone Shire Council
Lot Plan Details 9999GTP60014
No encumbrances on title

Unit 1:- Recently refurbished and freshly painted on all levels; Plaster ceilings open plan kitchen-dining-living with an air conditioner and x3 ceiling fans; new ceramic tiles to living-kitchen-laundry; Bright sunny kitchen with dishwasher freestanding stove oven rangehood; Storage cupboard under stairs; Carpeted and freshly painted thruout the bedroom; Sleep out; Bed 1 BIR air conditioner, Tiled Balcony; Bed 2 fan no BIR; Airconditioned to sleep out with extra window to LHS; Original tiled bathroom; Linen cupboard; Remote access lock up garage. Lot-Plan 1GTP60014

Unit 2:- Refurbished with neutral tiles and carpet original metal ceilings to living level; open plan kitchen dining living with split system air conditioner; Original 1980s pink kitchen with new dishwasher freestanding stove oven range hood; Storage cupboard under stairs; Bed 1 BIR with mirror doors split system air conditioner; Bed 2 BIR with mirror doors, split system air conditioner; Lino floor sleep out; Refurbished neutral and neat bathroom; Linen cupboard with mirror doors; Remote access lock up garage. Lot-Plan 2GTP60014

Unit 3:- The most original unit with original Lino flooring to kitchen dining area; neutral carpeted lounge; popcorn ceilings to living level; air conditioned; Functional kitchen with freestanding stove oven rangehood; Storage cupboard under stairs; Bed 1 BIR split system air conditioner; Bed 2 BIR air conditioner, ceiling fan; Lino flooring to sleep out; Original tiled bathroom; Linen cupboard; Remote access lock up garage. Lot-Plan 3GTP60014

Yeppoon is situated 38 kilometres north east of Rockhampton and is the gateway to Great Keppel Island and the Southern Great Barrier Reef Nestled within a system of 13 beaches across 95 kilometres of Capricorn coastline. Yeppoon boasts a shared latitude with Rio de Janeiro to the East and Mauritius to the West celebrating subtropical climates and year round swimming. Yeppoon is a destination for all seasons.

Yeppoon is the centre for a major fishery including prawning and has seafood processing factories timber mills and brickworks. The town is also an important tourist destination.

Easily accessible by road rail coach and air. Yeppoon is a 30 minute drive from the beef capital of Australia Rockhampton and only 600 kilometres from Queenslands capital Brisbane. It is the holiday destination for the population of FNQ and surrounds. Yeppoon is part of the commuter belt for Rockhampton.