$735,000

6 Bed  •  3 Bath  •  3 Car  •  887m²

Main view of Homely block of units listing, 3 Cedar Drive, Beaudesert QLD 4285
Second view of Homely block of units listing, 3 Cedar Drive, Beaudesert QLD 4285
Third view of Homely block of units listing, 3 Cedar Drive, Beaudesert QLD 4285
+16

Sold

3 Cedar Drive, Beaudesert QLD 4285

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$735,000

  • 6
  • 3
  • 3
  • 887m²

Block of Units Sold on Fri 8 Sep, 2023

What's around Cedar Drive

Block of Units description

“RARE INVESTMENT OPPORTUNITY! NO BODY CORP FEES”

Introducing a truly exceptional investment opportunity at 3 Cedar Drive, Beaudesert. This property offers a wealth of advantages that make it a standout choice for investors looking to secure their financial future.

The units are designed with modern living in mind and each unit features:
• 2 bedrooms
• Open plan, air-conditioned living and dining room
• Well-equipped kitchen
• Ample storage
• Main bathroom with separate toilet
• Internal laundry.
• Outdoor patio area each with lovely views of local farmland
• Single carport for each unit

The combined rental income from all units currently stands at $750 per week. A scheduled increase to $900 per week in December 2023 will elevate your returns even further, solidifying its status as a lucrative investment venture. With no Body Corp in place, you are spared from additional expenses, making this an even more appealing prospect.

With long-term renters in place for 6+ years, and one tenant proudly residing for an impressive 17 years, you can rest assured that this property's impeccable condition will continue. This stability ensures consistent rental income, making it a dependable and hassle-free investment.

3 Cedar Drive represents a rare and exciting investment opportunity. Its long-standing, reliable tenants, well-maintained units, and views make it an appealing prospect for savvy investors seeking a great return. Don't miss out on this chance to secure a low-maintenance investment with substantial income potential. Act now to reap the rewards of this exceptional investment property!

Yearly Expenses:
Council Rates $4532
Water and Sewerage $3352
Insurance $1635
No Body Corp in place
Note: Figures supplied are approx.

Property features

broadband

Broadband

builtInRobes

Built-in Robes

livingAreas

Living Areas: 3

toilets

Toilets: 3

Other features

Town water and town sewerage, Neat and tidy set of 3 units.

Municipality

Scenic Rim Regional Council

Land details

Area: 887m²
Fourth view of Homely block of units listing, 3 Cedar Drive, Beaudesert QLD 4285View more
Fifth view of Homely block of units listing, 3 Cedar Drive, Beaudesert QLD 4285View more

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3 Cedar Drive, Beaudesert QLD 4285
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