Seize an exceptional and highly coveted opportunity to acquire an entire block consisting of five strata-titled units in Mackay.
The solid brick building consists of 5 x two bedroom, two level units.
A number of the units have been refurbished with still plenty of opportunity to increase the returns on this one of a kind investment.
Features of 14 East Gordon Street Mackay-
* 2 bedrooms
* Double storey
* Upstairs fully tiled
* Updated kitchens
* Air conditioning to living and main
* Good size
* 5 bay carport
This property is being sold as a whole, but has the added value of already being Strata Titled.
With all 5 units currently rented, you can start seeing immediate returns on your investment with potential for rental increases. Located directly across the road from the beautiful Queens Park and within walking distance to all amenities including shops, transport, and education facilities.
Current annual rental income-
$80,600.
Unit 1 – Lease expiry – Dec 24 Rent $320
Unit 2 – Lease expiry – Sep 24 Rent $350
Unit 3 – Lease expiry – Jan 24 Rent $300
Unit 4 – Lease expiry – Apr 24 Rent $300
Unit 5 – Lease expiry – Jan 24 Rent $300
Council Rates – $15,325 approx per year
Water Rates – $600 approx per year
Don’t miss this ideal opportunity for investors or your superannuation, this high-income-producing asset boasts no Body Corporate and a great position.
Please contact Wendy Pollock on 0419 775 418 for further information.
Disclaimer – All figures and information are approximate and subject to change. Buyers are advised to conduct their own due diligence.