$27,000

0 Bed • 0 Bath • 0 Car

Main view of Homely land listing, 2 Davey St, Moura QLD 4718

Second view of Homely land listing, 2 Davey St, Moura QLD 4718

Third view of Homely land listing, 2 Davey St, Moura QLD 4718

Fourth view of Homely land listing, 2 Davey St, Moura QLD 4718

Sold

2 Davey St, Moura QLD 4718

Copy address

$27,000

0Bed
0Bath
0 Car

Land Sold on Thu 9 May, 2024

What's around Davey St

Land description

“Vacant Residential Land”

This 776m2 (approx) block of land is situated on the corner of Farmer and Davey Street, and has electricity, sewage and water available to it. A couple of 50m2 tiny homes (approx $40,000 each) would be perfect to bring an income of approx $500/week when tenanted.

https://www.samedaygrannyflats.com.au/locations/cq/

The Math:

Investment: $110,000 (approx)

Income: $26,000 (approx)

Rates and Management Fees: ($6000)

Nett income: $20,000 (approx) per year.

Property Code: 1576