3 Holmes Street, Stratford QLD 4870

What an incredibly rare offering and an outstanding opportunity to secure a lucrative nest egg investment with options to expand the portfolio on this multi dwelling site.

This full 2 x 2 duplex sits on a 1012sqm elevated block in the heart of Stratford and has existing use rights for 3 dwellings. Being a single title there is NO body corporate.

The property is currently fully tenanted on a periodic basis at $320/wk each side and is due to increase to $350/wk in Dec 2021 to provide a solid rental return at $36,400 pa.

A short 300m walk leads you down to Stratford Village which offers all the local conveniences like the Stratford General Store, Barron River Hotel, Butchers, Medical Centre, Library, bar, cafes, bus stop and much more. The property also falls in the Freshwater State School and Cairns High State School Catchment areas which is a huge appeal for tenants with children.

3m side access driveway leads up to the vacant land at the rear which is approximately 350sqm in size and originally housed the 3rd dwelling that was recently demolished. This section provides a wonderful opportunity to capitalize on by building a new dwelling, shed, caravan port or whatever council permits on the site.

A configuration like this is extremely rare and unlikely to be offered again.

*The seller reserves the right to accept any offer up to and including the deadline for offers at 5pm on 16th November 2021 so please register your interest today to avoid missing out.*

For more information please enquire today!