At Only $360K for ALL FOUR UNITS this property will not last long!
Position located in a quiet area of Tully, close proximity to the town centre, and directly across the road from the Banyan River with fresh water swimming hole.
Potential to earn over 8% net from the existing 2 x 2 bedroom apartments upstairs, 1 x 3 bedroom + 1 x 1 bedroom apartments downstairs, large 938m2 allotment allows for more apartments to be built (subject to council approval), or easily converted to single rooms allowing the astute investor to tap into the lucrative Tully backpacker market, and watch the money roll in.
Profit from this unique property which has been partly renovated. With all major work just being completed, (new roof to apartments and carport, new kitchens to upstairs apartments, new tiles, new hot water service, and painted through out) theres vey little to spend.
Price has been set for immediate sale.
Inspection by appointment only
Grahame Anderson.
0418 230 617