Price Undisclosed
6 Bed • 5 Bath • 5 Car • 1012m²
New
Sold
Sold
31 Howard Street, Burrum Heads QLD 4659
Price Undisclosed
- 6Bed
- 5Bath
- 5 Car
- 1012m²
Block of Units Sold on Thu 4 Apr, 2024
What's around Howard Street
Block of Units description
“OUTSTANDING INVESTMENT PROPERTY”
If you are searching for an amazing investment property with boundless future potential then look no further! This property is situated just 2 streets from the water in beautiful Burrum Heads. Not only are there 5 separate units all producing income, but the block has 2 titles, for future development this has so much potential!
Future ideas for this property could be: keep as is and have a great return on your money, live in one of the units and still have a great income, subdivide, remove the front building and build a new home keeping the back units as long term rentals or Airbnb units for an income!!! The potential here is huge! (all STCA)
* ALL 5 UNITS ARE CURRENTLY TENANTED AND RETURNING $1130 GROSS PER WEEK
In a snapshot this property features:
* 3 units to the rear - these are studio units each containing a bathroom, kitchenette, open plan lounge/bedroom, carport, plus a shared laundry
* 2 units to the front - these units share a double carport and are set up as:
Upstairs - 2 bedrooms, combined lounge/dining and kitchen area, bathroom with laundry facilities, plus storage room
Downstairs - 1 bedroom, combined lounge/dining and kitchenette area, bathroom and separate laundry room
* All units are separately metered for electricity.
* Front & back units are on two (2) separate titles (lots 1 & 2)
* 5KW solar system
* 1012m2 level block
This great property is situated just 2 minutes from medical centre, boat ramp, shops, tavern and petrol station, and just 25 minutes to Hervey Bay. Why not secure a high return on your investment with assured capital gains for the future. There are so few investment opportunities like this along the Queensland coast, so be sure to have a look.
* please note inspections need a minimum of 48 hours notice
CALL NOW FOR MORE INFORMATION
Land details
What's around Howard Street
Contact the real estate agent
Samantha Scott
Ray White - Hervey Bay
Send an enquiry
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