2 Flats - Great returns 14.42% gross

SOLD - This listing was sold in February 2020
Imagine owing your first investment property for only $119,000 showing a 14.42% gross return. Situated in the Burdekin districtwe have a very diverse range of industries ranging from Agriculture, Aquaculture, small corps, Industrial, mining opportunities within 90 minutes drive and only 50 minutes to Abbott Point. 2 x 2 bedroom flats. Flat 1 is in reasonable condition, has a long term tenant paying $165/week. Flat 2 is currently vacant, has been repainted inside, new vinyl in the bedroom and kitchen and a new kitchen, looks very tidy and will rent for $165.00. Each flat has a stand alone open carport and flat 2 also has the use of a lawn locker. The flats are partly fenced. Be quick to enquire this is a tidy property listed for $119,000 neg. call Lyndy 0410 321 2315

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Main Property Features

Listing Number: LTY22594

Land Size:
860 sqm
Property Type:
Block of units
Roof:
Iron
Tenure:
Freehold
Property condition:
Renovated, Fair
House style:
Lowset
Garaging / carparking:
Open carport, Free standing
Construction:
Fibro
Joinery:
Timber
Flooring:
Other (vinyl) and Carpet
Chattels remaining:
Fixed floor coverings, Light fittings, Stove
Kitchen:
New and Standard
Living area:
Open plan
Main bedroom:
Double
Bedroom 2:
Single
Main bathroom:
Separate shower
Laundry:
Separate
Views:
Urban
Fencing:
Partial
Land contour:
Flat
Grounds:
Tidy
Water heating:
Electric
Water supply:
Town supply
Sewerage:
Mains
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Landmark Harcourts McCathies - Ayr

262 Queen Street
Ayr
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Property Location