Returns $53,185 pa ($1,020 pw) – 8.4% pa yield on sale price. 100% occupancy rate last 3 years.

Significant refurbishment well in excess of $100,000 has been undertaken over the last 3 years.

8 x 2 bedroom flats – built on 1998 m2 allotment. Scope for further development STCA.

Each flat fitted with internal laundries, large open plan living areas, some new kitchens and polished timber floors, units have recently been externally painted. Rent return is currently $1,020 per week with scope to increase further.

Located opposite the new Ingham Hospital and close to shops, State High and Primary Schools, Aquatic Centre and Showgrounds. Invest in your future with an excellent rent return added to a prime location, plus the bonus of an extra large 1998m2 block of land. Gross rates 2010-2011 $9,546.36.

Sustainability Declaration available upon request.