Fantastic Investment Opportunity in Tin Can Bay!

10-12 Mason Street, Tin Can Bay, 4580

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1,650,000 AUDEst. Mortgage: AUD 11,594/monthFor Sale
  • Ownership Type Other
  • Property Area 2,023 sqft
  • Bedrooms 18
  • Bathrooms 17
  • Furnished No
  • Last Updated 10th Aug, 2024

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 15
  • Air Conditioning

Property Overview

Looking for a lucrative real estate investment? Look no further! This exceptional permanent caravan park facility in Tin Can Bay, 4580 QLD, offers great potential and is situated on a sprawling 2023m² parcel of land, conveniently close to the water.<br/><br/>Property Features:<br/>- Bedrooms: 18<br/>- Bathrooms: 17<br/>- Carports: 15<br/>- Air Conditioning: Yes<br/>- Land Size: 2023m²<br/>- Gross Return: $176,000 per year<br/><br/>This property boasts a diverse array of accommodations, making it a versatile investment:<br/>1. 2-Bedroom Cottage: Includes one bathroom and features an open-plan dining, lounge, and kitchen area.<br/>2. 16 Modular Cabins: Each cabin is designed with an open plan and includes a bathroom at the end.<br/><br/>Community and Shared Facilities:<br/>- Covered Community Area: Perfect for gatherings and community interaction.<br/>- Shared Laundry Facility: Convenient for residents.<br/><br/>While some work is required to bring the property up to minimum housing standards, the current gross return of $176,000 per year makes it a highly attractive investment opportunity. Managed by Century 21 in Tin Can Bay, this property is poised for growth and profitability.<br/><br/>For inspections and more information, please contact Paul at 0407 181 404. Don't miss out on this exceptional investment opportunity!

Location on Google Map

10-12 Mason Street, Tin Can Bay, 4580

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