1 and 2/126 PIERCE STREET, Koongal QLD 4701

located on a level fenced 645m2 allotment. These spacious brick units are in strong demand by residential tenants. Each unit features 2 good size bedrooms, an open plan lounge, dining room, a modern kitchen, an excellent bathroom and an internal laundry.
Each unit comes complete with a split sysytem air conditioner,an individual car port with gated security, a garden shed for storage,excellent paint work and good floor coverings.
This complex has a new roof and could easily be fenced to provide private court yards
Unit 1 is presently rented to a reliable single person at $230 per week with a lease expiry date of 17-7-2022
Unit 2 is rented to reliable tenants at $260 per week with a lease expiry date of 11-1-2023
This complex provides an excellent rental investment with outstanding returns approx 6.7% gross and capable of higher returns
The other benefits to an investor is that each unit provides affordable quality accommodation for a tenant and there are 2 separate income streams
Inspect today you will be inpressed