5 Osborn Ct, Nelly Bay QLD 4819

An ideal investment opportunity arises - a rare multi-unit block of 3 x 2 bed, 1 bath units, in a great central location near the ferry, school, shops, restaurants & marina, yet off the noisy main road.

Low maintenance block construction with a large paved entry and garden area to the far end where a pool could be added if desired. Each unit has two good-sized bedrooms, both with built-in wardrobes, bathroom with shower over bath (except unit 1 which has been renovated to just a shower) and separate toilet, living area with rear sliding doors and kitchen with front door providing good cross ventilation. There's an external laundry/store area on the front patio and a separate shed store for each unit in the garden area.

Unit 1: vacant - rent estimate in current market $350 per week.

Unit 2: Fixed term lease at $280 p/w to 10th Jan 2026.

Unit 3: Periodic lease at $220 per week.

Whilst liveable as is, a few renovations would improve this property significantly - a coat of fresh paint, updates to kitchens and bathrooms and new tiles to units 2 & 3 to bring them up to the standard of unit 1.

Council rates approx $8000 p.a. including water.

Contact Alex to arrange a private inspection by appointment - NB whilst we can arrange an inspection of the vacant unit at relatively short notice, we do need to provide the tenants with adequate notice prior to inspection so please provide us with as much notice as possible.

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.

Property Code: 1623