$630,000
13 Bed • 5 Bath • 5 Car • 607m²
New
Sold
Sold
16 Bunting Street, Bungalow QLD 4870
$630,000
- 13Bed
- 5Bath
- 5 Car
- 607m²
House Sold on Sun 18 Feb, 2024
What's around Bunting Street
House description
“CITY-FRINGE SHARE HOUSE - RETURNING $115,180 P.A”
Unlock the potential of exceptional cash flow with this versatile investment - a two-storey, 13-bedroom share house strategically designed with amenities on both levels. Experience the lucrative world of property investment like never before.
Key Highlights:
Prime Location: Situated in a highly sought-after area on the city fringe, this share house enjoys strong demand from long term tenants, ensuring consistent rental income.
13 Bedrooms: Each level is thoughtfully designed to maximize occupancy and floor space, resulting in high rental yields.
Dual-Level Amenities: Unique among share houses, this property offers amenities on both levels, enhancing tenant satisfaction and attracting a steady stream of renters.
Cash Flow Machine: With multiple rental units and desirable amenities, this property generates exceptional monthly cash flow, providing a steady return on investment.
Parking: Ample parking space under development adds to the property's appeal and rental potential.
Strong Tenant Demand: The combination of location, amenities, and affordable accommodation results in consistently high occupancy rates.
'Paint & Profit' Investment: Whilst the property is fully operational there is potential for cosmetic renovations to seek higher room rates.
Flexible Lease Terms: Offering flexibility to attract a wide range of tenants, from short-term to long-term renters.
This share house is a savvy investment choice for those seeking a reliable and lucrative income stream. Don't miss the opportunity to capitalize on the strong demand for shared housing in a tightly held region. Contact us today to seize this outstanding cash flow generator and secure your financial future!
Land details
What's around Bunting Street
Contact the real estate agent
Ray Murphy
Ray White - Cairns
Send an enquiry
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