Targo Street Triplex With Potential To Improve!

When it comes to chasing fantastic returns (7% plus gross currently) you won’t find much better than a body corporate free triplex – and look what we’ve got here. Exactly that but with the added bonus of potential to improve! How so we hear you ask? Read on!

133 Targo Street currently presents as three two bedroom, one bathroom units each of which incorporate a single carport doubling as entertaining space. Each unit reflects the other with very functional layouts. There is an open plan living space incorporating the dining and kitchen (including electric appliances) in the centre of each dwelling while up the hallway are two bedrooms in addition to a single bathroom (shower / toilet only).

Now, here’s the kicker! This fantastic investment is established on an ever so spacious 969sqm flood free block with ample room to front which screams potential to develop the property further – subject to Bundaberg Regional Council approvals.

Located in Bundaberg South convenience is top of mind being a stone’s throw away from Olsen’s Corner / Foodworks and a short walk to Hinkler Shopping Centre! Contact Bundaberg’s favourite Real Estate Team – Brent Illingworth & Ethan McGowan – as inspections are by appointment only.

RENTAL OVERVIEW (MANAGED IN HOUSE):

Unit 1 – Returning $275 per week with lease from 11 Nov 2022 to 13 Nov 2023.
Unit 2 – Returning $275 per week with lease from 17 Feb 2023 to 16 Feb 2024.
Unit 3 – Returning $275 per week with lease from 9 Jan 2023 to 8 Jan 2024.

Rates approximately $3,600 per half year.

Ask Brent or Ethan how to go about getting placed in touch with the current Property Manager from our RealWay Team who’d be more than happy to discuss the rental options with you one-on-one in a personalised fashion.

***The information provided is to be used as an estimate only. All potential purchasers should make their own enquiries to satisfy themselves as to any due diligence required.***