12 Lily Street, Innisfail QLD 4860

5 Units, 2 Buildings, No Body Corp

Also a DA for another five 2-bedroom units. Now expired. Reapplication will be required.

Weekly gross rent $2050.

Rates: $7000 for 6 months

I don't use an agent, nor do I have insurance. But to give you an idea: if using an agent, they charge 6 10% of the rental income; and insurance is $6 10k per year.

General repairs are required. Allow $2k for all units combined. Tenants are cutting the grass.
Vendor is selling due to aged and considerable reduction in mental and physical health - dealing with tenants, agents , tradies etc became unbearable - moving to shares and commercial property.
yes there are some repairs needed, some are subject to tenant catching up with the rent, nothing structural


Phone enquiry code for this property : 0412