15 Boongala Terrace Maroochydore, 4558 QLD
Fantastic Investment Opportunity - Whole Block of 5 Units in the Heart of Maroochydore
One of the most unique offerings on the market today, this block of 5 units is set on a 655m2 block close to local shopping and just a stone's throw to schools ensuring an ever-increasing demand from tenants. The complex consists of 2 x 2 bedroom, 1 bathroom apartments and 3 x 1 bedroom, 1 bathroom apartments which are all currently tenanted.
Currently the total return in place is $1,410.00 per week however some long-term leases can readily be re-assessed providing a greater return going forward. With record low interest rates and a strengthening Coast property market, this rare offering provides a fantastic opportunity to secure a cash positive investment in a genuinely blue-chip location. There are four fully secure lock up garages on site as well as additional off-street parking available for tenants. Whether you are looking for an income generator to help fund your retirement or an increasing income for your self-managed superfund, this really is a unique offering.
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Inspection of this property is available strictly by arrangement only.
Contact
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Damien Said