$1,500,000

30 Bed  •  3 Bath  •  16 Car  •  1274m²

Gardian Real Estate
Main view of Homely apartment listing, 73 Milton Street, Mackay QLD 4740
Second view of Homely apartment listing, 73 Milton Street, Mackay QLD 4740
Third view of Homely apartment listing, 73 Milton Street, Mackay QLD 4740
+10

Sold

73 Milton Street, Mackay QLD 4740

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$1,500,000

  • 30
  • 3
  • 16
  • 1274m²

Apartment Sold on Fri 17 Mar, 2023

What's around Milton Street

Apartment description

“Unique Business Opportunity Offering a Strong Return On Investment”

If you're looking for a business opportunity with a unique twist, look no further. This two-story, 32 room Boarding House also has a tidy two-bedroom unit for yourself or your potential caretaker to live in plus a two bay lock up garage. Lindsay Lodge Boarding House has been 99% occupied for the past 5 years so the purchaser can hit the ground running.

Car parking isn't a problem, the 1,274m2 property boasts 14 undercover car parks and the outside area is fully concreated, plus the premises is very secure.

Some of the many features or this property:

- Strong returns for a hands-on operator or equally suited for a passive investor
- With a total of 32 rooms, each room contains a single bed, built-in robe, TV and fridge
- Common areas include; multiple kitchens, dining areas and amenity blocks. Kitchen appliances include stove top, oven, and microwave
- Well maintained two-bedroom unit plus an office, located downstairs
- The block is fully concreted with 14 undercover car parks and a two bay lock up garage.
- Lindsay Lodge is currently a male-only, government accredited boarding house that offers short and long term stays and rentals for locals, contract workers and holidaymakers
- Solar system installed, total of 30 panels
- Walking distance to shopping centres, restaurants and all CBD services

Don't miss this terrific cash flow opportunity, it won't last long.

To organise a private inspection or if you require further information, please contact
Bryan Loft on 0499 887 786.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

study

Study

Land details

Area: 1274m²
Fourth view of Homely apartment listing, 73 Milton Street, Mackay QLD 4740View more
Fifth view of Homely apartment listing, 73 Milton Street, Mackay QLD 4740View more

Contact the real estate agent

Bryan Loft
Gardian Real Estate

Bryan Loft

Gardian Real Estate

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73 Milton Street, Mackay QLD 4740
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