81-83 Jensen Street, Whitfield
Entire Complex with 6.00% Gross Yield ( Approx )
* Contact us via email, text or call to schedule your Virtual or Private Inspection *
An exciting opportunity for a serious investor with a plan! Positioned perfectly in leafy Whitfield this entire complex has been priced to provide the next savvy owner with a 6.00% gross yield per annum ( approximately ), currently leased per week at $1,020 per week all townhouse combine and the potential to increase returns over the life of the investment through complex improvements.
A recent rental increase throughout the complex to accompany a range of upgrades including external render and repaint, repaint and reseal of the roof and new drainage to rear of the townhouses to assist with the prevention of water damage. Townhouses #2, #3 and #4 have recently been repainted internally with the addition of new light fittings and window furnishings. Townhouse # 1 has been occupied by the same happy tenant for over 18 years.
The four 'loft style' townhouses are air-conditioned, each containing two bedrooms with built in robes, spacious bathroom, open plan living and dining space, adjoining kitchen with discretely positioned internal laundry, ample natural light and high racked ceilings. A private alfresco area and carport accompanies each townhouse and there is a shared shed for tenants storage.
Within walking distance to the local IGA and shopping centre with a variety of amenities including medical facilities, the Edge Hill hub with it's many incredible local eateries, the Cairns Botanical Gardens and it's arrow walks and within a 10 minute drive to the Cairns Domestic and International Airports and Cairns CBD.
The entire complex could be yours and with the amount of invested interest in the Whitfield suburb this could be the investment opportunity you have been waiting for!
Contact
For Sale - Offers Invited | $850,000
Inspection Times
- As Advertised or by Appointment
Property Overview
Property ID | 1P0079 |
Property Type | Block Of Units |
Toilets | 5 |
Land Size | 870m² approx. |
Carport | 4 |
Car Space | 1 |
Condition | Good |
Construction | Rendered Block |
Water Rates | $600 Yearly |
Council Rates | $8669.68 Yearly |
Property Tools
Contact
Boutique Real Estate QLD
2/178 McManus Street, Whitfield, QLD 4870