$173,500

1 Bed  •  1 Bath  •  1 Car

Main view of Homely unit listing, 3/8-10 Nelson Street, Bungalow QLD 4870
Floorplan of Homely unit listing, 3/8-10 Nelson Street, Bungalow QLD 4870
Second view of Homely unit listing, 3/8-10 Nelson Street, Bungalow QLD 4870
+6

Sold

3/8-10 Nelson Street, Bungalow QLD 4870

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$173,500

  • 1
  • 1
  • 1

Unit Sold on Thu 12 Dec, 2024

What's around Nelson Street

Unit description

“CENTRALLY LOCATED PRIME INVESTMENT UNIT”

Introducing a fantastic investment opportunity centrally located and close to the CBD-this solid block, ground-floor, one-bedroom unit offers the perfect blend of comfort, convenience, and steady rental returns. With a tenancy secured at $270/week until the 15th June 2025 and with the tenant wanting to stay on, this is a true set-and-forget opportunity for savvy investors.

Spanning 46m², this unit is thoughtfully designed to maximise space and functionality. The open-plan living and dining area creates a welcoming atmosphere, while the well-appointed kitchen offers ample storage and workspace. The solid block construction ensures long-term durability, minimal maintenance, and a cooler environment during the summer months-appealing qualities for both investors and tenants alike.

The unit's central location means it's only a short distance from the CBD, offering unparalleled convenience for those who work in the area. Public transport options are close by, making commuting a breeze, and the vibrant city lifestyle is right at the tenants' doorstep.

Being on the ground floor, this unit is particularly appealing to a wide range of tenants, including those seeking easy access without stairs. The design allows for effortless movement in and out, adding to the property's overall appeal and enhancing tenant satisfaction.

With Body Corp fees being low at only $3246.34 per year and a secure lease in place until June 2025, this property is already generating $270 per week in rental income, providing immediate returns from day one. The solid tenancy means you can invest with confidence, knowing that you'll have a reliable income stream for the coming years.

Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a low-maintenance, high-yield property, this one-bedroom unit ticks all the boxes. Contact us today to arrange a viewing and secure this solid investment in a sought-after location!

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Third view of Homely unit listing, 3/8-10 Nelson Street, Bungalow QLD 4870View more
Fourth view of Homely unit listing, 3/8-10 Nelson Street, Bungalow QLD 4870View more

Contact the real estate agent

Scott Mitchell

Inspire Real Estate Cairns

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3/8-10 Nelson Street, Bungalow QLD 4870
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