367 Alice Street, Maryborough QLD 4650

Here is an excellent opportunity to purchase this great property comprising of 3 units on a 627m2 Residential B allotment with the potential to offer its new purchasers multiple of opportunities or just sit back and reap its current returns.

All units are occupied and returning $510.00 per week combined and have just been repainted on the exterior of the property.

Unit 1- Features 2 large bedrooms, tidy eat in kitchen, Functional bathroom with shower over bath and separate toilet. Quaint front veranda, Separate lounge / living room plus single car accommodation. There is a laundry located off the kitchen with rear access to the clothes line and good amount of yard space

Unit 2 - 1 large bedroom, Eat in kitchen, separate lounge room, Functional bathroom with shower over bath and separate toilet. Quaint front veranda, Separate lounge / living room plus single car accommodation. There is a laundry located off the kitchen with rear access to the clothes line. This unit is the smaller of the 3 with minimal back and front yard space.

Unit 3- Is identical to the first features 2 large bedrooms, tidy eat in kitchen, Functional bathroom with shower over bath and separate toilet. Quaint front veranda, Separate lounge / living room plus single car accommodation. There is a laundry located off the kitchen with rear access to the clothes line and good amount of yard space

The complex is in a great location walking distance from public transport, shops, schools and only minutes to Station Square.

Do not delay as this property will certainly create a lot of interest. With a standard 10% deposit the repayments to own the complex are from $353 per week. Giving the property a 7.57% return and positively geared.


Call Ben Souvlis today!


At a Glance:

Unit 1
Bedrooms: 2
Living Area: 1
Bathrooms: 1
Toilets: 1
Car Accommodation: 1 carport

Unit 2
Bedrooms: 1
Living Areas: 1
Bathrooms: 1
Toilets: 1
Car Accommodation: 1 carport

Unit 3
Bedrooms: 2
Living Areas: 1
Bathrooms: 1
Toilets: 1
Car Accommodation: 1 carport

Current Rental Return:
Unit 1 - $165.00 per week
Unit 2 - $170.00 per week
Unit 3 - $175.00 per week

Lease Expiry
Unit 1 - 13 / 02 / 16
Unit 2 - Periodic
Unit 3 - 11 / 01 / 16