Investors will understand the income!
- Income total from all units and sheds is around $90,000.
- Around 12% return on investment.
- Tenants parking available.
- Gross income - $90K a year.
- Council rate $14k per annum. Water $700 a year. All paid by the owner. All units have seperate meter boxes and tenants pay for electricity.
- All tenants are long term 12 month plus and all get along well together!
- All units are 1 bedroom units with kitchen dining, bathroom and sitting area.
- Current owner since 2006 - 2 Minute walk from major shops in Allenstown, hospital and buses.
- 0.5% Vacancy rate in the current market.
- A great investment.
For more information, please contact our friendly team at Mr Real Estate Rockhampton
Rockhampton is a growing, busy, country centre of around 80,000 people that service the mining towns to the West and the Capricorn Coast and Keppel Island to the East.
Currently we are on a growths spurt. With an abundance of growth our town is experiencing confidence and energy. With the lack of housing, rental pricing are souring RIGHT NOW!
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