$35,000

1 Bed  •  1 Bath  •  0 Car

Main view of Homely unit listing, 53/1 Griffin Avenue, Bucasia QLD 4750
Second view of Homely unit listing, 53/1 Griffin Avenue, Bucasia QLD 4750
Third view of Homely unit listing, 53/1 Griffin Avenue, Bucasia QLD 4750
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Sold

53/1 Griffin Avenue, Bucasia QLD 4750

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$35,000

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Unit Sold on Mon 11 Sep, 2017

What's around Griffin Avenue

Unit description

“Ocean Front Property In Queensland For Under $50K? It's True”

The Kohuna Resort - The unit is one of sixty, set in a popular and recently refurbished 10 acre beachfront resort with on-site access to a tennis court, swimming pools, barbeque areas, children's playground, restaurant, spa and off street parking. Close to Shopping Centres, Doctors and Chemist, all facilities are fully maintained.
Coming home to one of these units is like staying in paradise. Step out your front door and breathe the fresh salt air. Take the kids for a swim in the magnificent pool or a walk along the beach. Fall asleep to the sound of breaking waves.
The Unit - Your fully furnished, self contained and free standing bungalow-style unit is tastefully decorated, wheelchair friendly, air-conditioned with a kitchen-living area and separate bedroom and bathroom. The unit was recently renovated and comes with furnishings, kitchen utensils and full access to the resort facilities.
Why you should buy - This unit can be used as permanent owner accommodation, as a weekender, or accommodation for mine workers on break through an agency.
The resort has been revitalized under new management and the current renovation program is returning Kohuna to its former glory. Even better, a new Body Corporate Committee is working hard to upgrade the resort, significantly cut costs and reduce body corporate fees.
While these units are currently generating good long term rental returns, with the approval of major local developments such as the expansion of Abbott Point terminal and major nearby coal developments the market should benefit with demand for cheap housing and higher rentals.
Mackay has great prospects as an agricultural and tourist centre, as well as a mining hub and as prices are rock bottom (source REIQ) there has never been a better time to buy.
The owner of the unit is retiring and has decided to take the financial hit of greatly reduced unit losses. His loss can be your gain.
Living in Mackay does not get more affordable than this, let alone beach-front living. You could be paying off your own residence for less than your rent. However you look at it, at this price, this unit is a great lifestyle and a great investment.

Disclaimer; The vendors and/or their agents do not give any warranty as to errors or omissions, if any, in these particulars, which they believe to be accurate when compiled.

Fourth view of Homely unit listing, 53/1 Griffin Avenue, Bucasia QLD 4750View more
Fifth view of Homely unit listing, 53/1 Griffin Avenue, Bucasia QLD 4750View more

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