Renovated 4 pack offering over $10,500 a month in gross returns!

Reap the benefits of immediate returns while land banking a high growth seaside location.

Offering a stable mix of 2 permanent let units and 2 short term let furnished units currently suited to Air BNB.

Fully renovated and just completed all the hard work has been done, this turn key investment is a must to consider.

A remarkable opportunity exists to purchase a high set 4 pack of 2 bedroom units set on 1012sqm premium flat land in the sea side suburb of North Ward.

Just moments from the beach and popular lifestyle amenities this property has always been in demand with tenants alike.

Light bright and airy, each unit features stunning heritage features including high ceilings and polished timber floors throughout.

Offering a relax beach club vibe it’s easy to see why they are so in demand by the rental market.

Top floor units are a mirror image of the floor plan as are the bottom floor units also.

The new owner will enjoy a proposed gross annual return of $84,240 if permanent let or up to $126,000 if kept in the current format enjoyed by the current owners.

Here are the the Need to knows:

Unit 1 Appraised at $420.00 per week & currently offered as an Air BNB.
Unit 2 Leased at $420.00 per week thru to October 2023
Unit 3 Appraised at $390.00 per week currently offered as Air BNB
Unit 4 Leased at $390.00 per week thru to October 2023.

Outgoings-

Council Rates Including water charge allowance: $6,196.44 per half year.
Current owners insurance premiums: $4,065.33 per annum.

Purchase today and lock in the incredible returns on this positively geared investment and be left with a rare and exclusive site to develop in years to come. (STCA)

This is the one that you will kick yourself for missing – reach out and secure a viewing today.

Call Luke on 0432 773 223.