$1,225,000

10 Bed • 6 Bath • 5 Car • 1011m²

Main view of Homely block of units listing, 22 Silvyn Street, Redcliffe QLD 4020

Second view of Homely block of units listing, 22 Silvyn Street, Redcliffe QLD 4020

Third view of Homely block of units listing, 22 Silvyn Street, Redcliffe QLD 4020

+20

Sold

Fourth view of Homely block of units listing, 22 Silvyn Street, Redcliffe QLD 4020

Fifth view of Homely block of units listing, 22 Silvyn Street, Redcliffe QLD 4020

+18

Sold

22 Silvyn Street, Redcliffe QLD 4020

Copy address

$1,225,000

10Bed
6Bath
5 Car
1011m²

Block of Units Sold on Thu 7 Nov, 2019

What's around Silvyn Street

Block of Units description

“Live in Front House rent rear 3 villas”

JUST 2 MINUTE WALK TO REDCLIFFE HOSPITAL AND IGA SHOPPING COMPLEX

1011SQM IN MEDICAL PRECINCT - HEIGHT 21METRES - can be medical, commercial, retail and residential

The main house is 4 beds, 3 bathrooms plus own separate lock up garage and rear carport.
The separate2 bed x 3 unit villa complex is located at the rear of the block with their own separate driveway and separate carport area.
Situated on 1011sqm block in the medical precinct of Redcliffe - opportunity to live in the main house and look at running the villas on a short term accomodation to create larger income returns.

House
4 spacious bedrooms with built-ins
Modern kitchen with appliances
Outside entertainment deck
Fully fenced for privacy
Solar energy

Units
3 x 2 bedroom strata units
Both bedrooms have built-ins
Spacious open planned living & dining areas
Kitchen with plenty of cupboards, bench space & electric cooking
Combined bathroom & laundry
Separate toilets
Separate single carport
Individual north facing fenced courtyards

The individual villas achieve approx $820 per week in rental income under fixed term unfurnished leases. The current owner will lease back the main house at $600 per week for a 12 month period.

Great opportunity to improve rental returns on existing villas - plus 1011sqm of land in medical precinct.