46 Norris Street, Hermit Park QLD 4812

This well presented and updated set of four masonry block units is fully occupied by long term corporate tenants with secure long-term leases in place. The complex has nice street appeal and is centrally located.

A larger floor plan than the standard, each unit offers spacious open plan, tiled interiors, tidy kitchens, fully air conditioned, upgraded and modern bathrooms with a large tiled wet area & linen cupboard. All units have good internal paint and present very well. Fully renovated after the 2019 weather event, the roof was replaced also. Single vehicle accommodation is at the front of each unit.

Showing a strong rental performance of over $60,000 per year, each unit currently returning $290 per week per week (until July 1 2022) with ongoing interest to renew the leases.
Opportunity is knocking in this convenient rental location. Very close to Rising Sun Shopping centre and hotel, public transport on Queens Rd or Bowen Road. Also convenient to the James Cook University and Lavarack Army Barracks.

Each 2-bedroom unit comprises of:
• Open plan living / dining
• Air conditioning throughout
• Security screens offer peace of mind
• Solid block walls
• Convenient car accommodation
• Solid long term leases in place
• No body corporate attached ( 1 Title )
• Land size 809 sqm
• Walking distance to Rising Sun Shopping Centre