DECEASED ESTATE FORCES SALE! Investment flats are all about income less holding cost & of course location for resale down the track.
Costs are easy: Rates, Insurance, Management fees & finally repair & maintenance. Location brings long term tenants & one has been here for 18 years, the other 11 years & finally one for 4 years. The 4th flat was occupied by the owner who has sadly passed away. The family has decided to sell the property & that’s your advantage. 2×2 bedrooms, 1×3 bedrooms & 1×1 bedroom (Owners Flat) all fair to good condition.

All are month to month tenants. So what does Goose Pond Water views, North Mackay Bowls Club across the road, popular waling tracks, John Breen Park & North Mackay swimming pool add to the property? Long term tenants is the answer. The structure is too good to remove at this stage while the site is a rare advantage for Builder or Developer to consider as a “Land Bank” down the track. Consider retiring & live in one & enjoy your Bowls & an excellent income. Why not.. For sons & daughters to live safely in your property while at Schools, Block training or University. Could Grandad/Grandma live in one & manage the property for the family? Constructions would solve their staff accommodation problem with 8 bedrooms & 4 kitchens all under the 1 roof & close to “Charlies” restaurant at North Mackay Bowls Club. The low maintenance “Cladded’ exterior looks as good as new still & the interior is Masonite with “older” functional kitchens. Power is separately connected. 3 carport plus handy shed in the back yard complete with the “Package” of this “Must Be Sold” investment opportunity. Call DON now to arrange an inspection.