$850,000 Negotiable

4 Bed  •  3 Bath  •  5 Car  •  1012m²

Main view of Homely block of units listing, 9 May Street, Cooktown QLD 4895
Floorplan of Homely block of units listing, 9 May Street, Cooktown QLD 4895
Second view of Homely block of units listing, 9 May Street, Cooktown QLD 4895
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9 May Street, Cooktown QLD 4895

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$850,000 Negotiable

  • 4
  • 3
  • 5
  • 1012m²

Block of Units for sale

What's around May Street

Block of Units description

“High Yield Investment Opportunity”

Welcome to 9 May Street, Cooktown – A Triplex generating $1,340 a week, ($5,360 a month) making it an unmissable investment opportunity in Cooktown.
PROPERTY FEATURES:
High-Yield Investment – Strong rental returns with all three units leased to a government department.
Versatile Layout – 1 x 2-bedroom unit & 2 x 1-bedroom units, each with open-plan designs.
Tenant Comfort & Security – Air-conditioning, built-in wardrobes, security screens & private outdoor areas and more.
Convenient Parking – Single carports for each unit via a concrete driveway.
Low-Maintenance Construction – Durable masonry block build with easy-care gardens.
With the Cooktown Hospital expansion and other government departments growing, this is a rare investment opportunity.
A new lease has been negotiated and the Health Department (current tenants) will be renewing their lease for another 12 months with the option to of another 12 month extension.
Contact your local agent today to arrange a private inspection.
Ariah 0407 138 016
[email protected]

Property features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

courtyard

Courtyard

Other features

0

Land details

Area: 1012m²

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9 May Street, Cooktown QLD 4895
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