Price Undisclosed

6 Bed  •  3 Bath  •  3 Car  •  708m²

Main view of Homely block of units listing, 167 Mourilyan Road, South Innisfail QLD 4860
Floorplan of Homely block of units listing, 167 Mourilyan Road, South Innisfail QLD 4860
Second view of Homely block of units listing, 167 Mourilyan Road, South Innisfail QLD 4860
+17

Sold

167 Mourilyan Road, South Innisfail QLD 4860

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Price Undisclosed

  • 6
  • 3
  • 3
  • 708m²

Block of Units Sold on Tue 30 Jul, 2024

What's around Mourilyan Road

Block of Units description

“HIGH YIELD TRIPLEX INVESTMENT OPPORTUNITY”

THE DEAL
Set in the heart of South Innisfail. This attractive triplex, featuring three 2-bedroom units, each with a newly replaced kitchen, for enhanced comfort and functionality. Generating a robust $795 per week, this property is a financial powerhouse giving you consistent returns. The strategic mix of periodic and fixed tenancies adds an extra layer of investment security, allowing you to secure your returns or add value immediately for stronger returns and tenant appeal. Positioned on a generous 708m2 lot, each unit benefits from its own cemented undercover carport, enhancing tenant appeal. While the bathrooms may invite a touch of refurbishment, the opportunity to add value is evident and enticing. Located just a stone's throw from the CBD, this corner complex is not just an investment, it's a strong investment opportunity allowing you to add your personal touch and provide strong future returns.


THE PROPERTY
- 3 x 2 Bedroom Units
- Cemented Undercover Carport for Each Unit
- Single Bathrooms to Each Unit
- 708m2 Lot
- Returning $795 Per Week
- 8.55% Gross ROI
- 2 x Periodic Tenancies 1 x Fixed Tenancy
- Rates Approx $4450 Per Half
- Entire Under Roof Area Approx 438m2


THE LOCATION
Close proximity to town centre and boat ramp, this corner complex is a great find in South Innisfail. Within walking distance to East Innisfail State School. This suburb has always been a fantastic place to live, that's why over x% are tenants


ACCESS TO AMENITIES
- 2.8km to Innisfail CBD
- 750m to East Innisfail State School
- 3.9km to Innisfail State College
**All distances are approximate**


Explore the full investment opportunity of this remarkable property by Scheduling a private viewing and take the first step toward adding this property to your portfolio. Don't miss the chance to grow your future!


**In consideration of tenant privacy, virtual furniture has been meticulously placed in this unit, showcasing the versatility and potential of each room**

Property features

broadband

Broadband

livingAreas

Living Areas: 3

Other features

Car Parking - Surface, Carpeted, Close to Schools, Close to Shops, Close to Transport

Building details

Area: 438m²

Land details

Area: 708m²

Interactive media & resources

Third view of Homely block of units listing, 167 Mourilyan Road, South Innisfail QLD 4860View more
Fourth view of Homely block of units listing, 167 Mourilyan Road, South Innisfail QLD 4860View more

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167 Mourilyan Road, South Innisfail QLD 4860
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