Price Undisclosed

6 Bed • 4 Bath • 8 Car • 1285m²

Main view of Homely block of units listing, 1-4/196 Murray St, Allenstown QLD 4700

Floorplan of Homely block of units listing, 1-4/196 Murray St, Allenstown QLD 4700

Second view of Homely block of units listing, 1-4/196 Murray St, Allenstown QLD 4700

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Third view of Homely block of units listing, 1-4/196 Murray St, Allenstown QLD 4700

Sold

1-4/196 Murray St, Allenstown QLD 4700

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Price Undisclosed

6Bed
4Bath
8 Car
1285m²

Block of Units Sold on Thu 6 Jan, 2011

What's around Murray St

Block of Units description

“The best CASH FLOW POSITIVE property available”

Located on a 1285 sqm plot in Murray Street, Rockhampton - just minutes from everything.
This high-set "Queenslander" comprises two 2 bed apartments and two 1 bed apartments with approximately 250 sqm under roof. It was recently extensively renovated.

The property has excellent tenants and is always in demand.

This property is cash flow positive returning over $37,400 per annum or approximately 7.65%.

There is a completed development application that allows for the construction of 2 very large, 3 bedroom, 2.5 bathroom town houses at the rear.
Building these town houses would further enhance your returns.

This property is priced to sell, donâ€™t miss out.