Duplex 1 & 2/70 Adelaide Street, Ayr QLD 4807

EXCLUSIVE. Brand new to the market is this "Multi Income" Ayr property - located in central Ayr. Our Vendor has priced to sell!! Low set concrete masonry block Duplex comprising two (2) Units perched on a large 1017 sqm allotment. This property has serious potential to develop further - subject to Council Approval. This property also boasts an impeccable 24/7 Rental History! Combined weekly Rental Income of $400pw includes:
Unit 1 - 3 x beds; leased at $210pw
Unit 2 - 2 x beds; leased at $190pw
Each Unit has open bay carports, offering undercover parking. Duplex is fenced three sides and enjoys approximately 26.8 metres of street frontage and 38 metres of depth. Each Unit has its own section of ground. Rates are approximately $4042 per annum. Shrewd Investment opportunity - with a Net Capital Return of approximately 6%!! Located just metres from the Ayr Golf Club, this Duplex is also a brief walk to all local amenities including the Ayr State High School and Ayr CBD etc. Call for additional details or an immediate inspection.

Property Code: 403786120