RETURNS 10.2% AT FULL OCCUPANCY – SOME REFURNISHMENT DONE8 FLATS – 6 X 2 BEDROOMS AND 2 X 1 BEDROOMSWell located opposite the new Ingham Hospital and close to shops, State High and Primary Schools, Aquatic Centre and Showgrounds. These Flats are an ideal investment opportunity providing comfortable & affordable accommodation to the local community. Potential for capital improvement for the handyman landlord and potential for further increase returns.The units are very roomy with a front sunroom style enclosed patio, open plan large lounge, dining and kitchen area, 2 large bedrooms (1 bedroom in 2 flats) and a hallway foyer with linen storage and a comfortable bathroom plus separate water closet (toilet). Laundries are in a downstairs communial laundry central to all flats on the ground level.Located on 1998 square metres of land with rear access off Duffy Street, potential to add additional improvements / developments and to upgrade the existing structures makes this investment one to consider very seriously. With 6 x 2 bedroom and 2 x 1 bedroom flats, the rental at full occupancy is $50,580 pa giving a 10.2% gross return (currently 3 vacant).Recent refurbishment includes new external stairs and landings, new compliant smoke alarms and electrical safety switches, 2 with new stoves, 1 with new fridge, 2 with new toilet furniture, some new painting and flooring to another. The flooring throughout is timber and lends itself to polished flooring in the future.Contact the agent for more detailes of return and expenses by e-mail leah.james@elders.com.auSustainability Declalration available at the Elders Aitkenvale Office.