108 Herbert Street, Bowen QLD Sold - Sold for $825,000
- Unit
- 1058 m2
- 6
- 6
- 8
6 UNIT COMPLEX - CBD LOCATION
Solid unit complex that is enjoying a great return on investment across 6 x two bedroom units. Currently 5 out of the 6 units are rented and returning $1175 per week across all 5 tenanted properties. When the 6th is rented that will add a further $250 per week approx. Located in the heart of the CBD this location is very popular with tenants as they can walk to everything they need and enjoy backing onto Mullers Lagoon parkland. The buildings are solid masonry block on the lower and upper levels, quality of construction is evident in this complex. Built as three separate buildings each tenant only has one adjoining neighbour which keeps privacy at a maximum. Maintained to the highest standard, this property will be a great addition to your investment portfolio. The property has a concrete driveway servicing the two front buildings and a paved driveway servicing the back two units. Each of the units has also been strata titled, if you decide you would like to sell the complex separately in the future all the approvals and registrations are in place.
Recently Unit 2 has received fresh paint work and new carpet throughout. Now work has been completed this property is ready for a new tenant to move in.
Work your numbers on this property at the great value price, you will see the return on investment is fantastic.
Property Features
- Kitchen
- Patio
- Built In Robes
- High Ceilings
- Air Conditioning
- Courtyard
- Fully Fenced
- Electric Hot Water