309 Adina Ave., Bilinga QLD 4225

If you're looking for a totally unique investment opportunity that nets over 7% then look no further...you've found 'The One'! This block of 4 units is conveniently located within easy walking distance of the beach and is a sought after rental option for tenants looking for value for money rental accommodation in a convenient location, just north of the QLD/NSW border. Priced realistically by a motivated seller, it won't last long in this market, so you had better be quick! This is a once in a lifetime opportunity to snatch up such a unique property, so call the agent today to book an inspection by appointment before you miss out.

FEATURES INCLUDE:
521 sqm level block - 2 storey unit block, carports & small garden shed
3 x 2 bed units and 1 x 1 bed unit plus common laundry
Rent all 4 -achieve $1,180 per week or live in one & rent the other 3 out
Nearly 100% occupancy (only vacant during renovations)
See floor plan for accurate representation of the configuration
The 2 upstairs units only are shown in the photographs
All units available for inspection by appointment with 24 hrs notice
All units on one title - no body corporate
UNIT 1 (upstairs front)
Seller currently living in this 2 bed unit - would rent for approx.$340 p/w
Light & bright, freshly painted, kitchen modernised, 11'ceilings
Large living area with study nook at one end
Spacious eat-in kitchen and dining room
Bathroom with separate toilet
Large veranda
UNIT 3 (upstairs rear)
1 bedroom unit renting for $265p/w
Freshly painted, modernised kitchen, 11' ceilings
Last 4 photos are taken in this unit
UNIT 2 (downstairs north)
2 bedroom unit is rented for $280 per week & is only unit not renovated
Higher rent potential with some modernisation (paint, carpet etc.)
UNIT 4 (downstairs south)
2 bedroom unit rented for $295 per week
New paint & carpet, partially renovated kitchen
OUTGOINGS:
GC City Council Rates: $1607 per 6 months
Water: $600 - $800 per 3 months depending on usage
Communal electricity for laundry: $300 per 3 months
Approximately 7% net return (including property management fees)