This fantastic property offers three well-maintained units, perfect for investors or families seeking a versatile living arrangement. Situated on a generous 6733m² corner block and built in 1971, each unit is equipped with modern conveniences and presents a wonderful rental income opportunity.
Each unit features two spacious bedrooms with built-in robes, ceiling fans, and an open-plan living and dining area. Large windows bring in plenty of natural light, creating a warm and inviting atmosphere. The kitchens are practical, featuring ample storage and easy-care tile floors.
At a glance:
-Unit 1: A two-level unit with 1.5 bathrooms, extra living spaces upstairs and downstairs, a large undercover entertainment area, and a fenced yard.
-Unit 2: A single-level unit with a newly renovated bathroom (featuring a shower, vanity, and toilet), freshly painted and new carpets with a large undercover entertainment area. A long-term tenant is in place until January 2024.
-Unit 3: An upstairs unit, newly renovated (freshly painted and new floor coverings), with two verandahs, an open-plan living area, and a brand-new bathroom (shower, vanity, and toilet).
-Each unit also has its own private laundry, ensuring convenience and privacy for all residents.
-Separate electricity meters for each unit.
-A metered single trickle-feed watering system serving all units.
-Rental returns:
-Unit 1: $295 per week, last known rental increase was 10 May 2024. Current lease until 11.11.24
-Unit 2: $180 per week, last known rental increase 13.03.2023 and current lease until 2.01.2025.
-Unit 3: $220 per week, last known rental increase 10.02.2023 and current lease until 26.06.25.
-Estimate rental appraisl is :
-Unit 1 is $330 to $350 per week.
-Unit 2 is $310 to $330 per week.
-Unit 3 is $310 to $330 per week.
-Council rates are approximately $8000 per annum, including water.
Perfectly located just 10 minutes from Stockland Gladstone Shopping Centre and 8 minutes from Gladstone Airport, with nearby access to the beautiful Mount Maurice State Forest.
Don't miss out on this incredible investment or lifestyle opportunity
Contact Donnella today to arrange a private inspection.
**Please note the information in this advertisement comes from sources we believe to be accurate, but accuracy is not guaranteed. Interested parties should make and rely on their own independent enquiries and due diligence in relation to the property**
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