ENTIRE FOURPLEX OF 4 STRATA TITLED UNITS 1,2, 3 & 4 .Property is yielding approx.. 8.7% Gross return yearly

1,2,3 & 4 UNITS/180 Mourilyan Road, South Innisfail, 4860

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525,000 AUDEst. Mortgage: AUD 3,689/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 0 sqft
  • Bedrooms 8
  • Bathrooms 4
  • Furnished No
  • Last Updated 8th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Courtyard
  • Carport: 4
  • Air Conditioning

Property Overview

INVESTOR TAKE A GOOD LOOK AT THIS

ENTIRE FOURPLEX OF 4 STRATA TITLED UNITS 1,2, 3 & 4 .Property is yielding approx.. 8.7% Gross return yearly


4 x multi-unit complex is ready and returning
Units located in a quiet street of South INNISFAIL, each unit features
-2 Bedrooms
-1Bathrooms
-1 car bays
-Water-efficient and fully metered to each unit
-Modern kitchens
-Spacious lounges
-Close to town and a popular school down the road.
-1,507 m block GROUP TITLE (PRIMARY USE ONLY)
This property is constructed with concrete blocks and color bond roofing. This building has been built to the modern cyclone rating standards. It has seen 2 cyclones Larry and yasse. There are no tall trees nearby to cause damage. This owner is retiring a property portfolio and will pass on a high return solid investment.

Why invest in Innisfail?

There is huge real estate happening in the Cassowary Coast local government area. This area is poised to become the next big tourism hot spot with Dunk Island and being sold to an international tourism equity fund Mayfair 101 who are also buying up Mission Beach rapidly.
There is big tourism money hovering to invest in the Cassowary Coast local government area. With “Rainforest, River and Reef” tourism is set to grow.
This will be the next BIG thing!

TOO MUCH TELL AND TO LIST so Call Ronnie today: 0417 760 500 or Matt: 0490 274 794 for your inspection

Location on Google Map

1,2,3 & 4 UNITS/180 Mourilyan Road, South Innisfail, 4860

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