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Position, price and timing are the key to good real estate investment. Situated on a 1,012m2 corner allotment, 150 meters to the new IGA store, 100 meters to the beach and new public boat ramp! This is position plus.
The owners are highly motivated and will sell the complex in total or three of the apartments individually. They plan on keeping Unit 4 for their own use. All apartments are tenanted and their location and overall condition and design of the apartments ensures they will always be in high demand.
PRICE As a four apartment complex $689,000 negotiable
Individually Unit 1 $189,000 negotiable
Unit 2 $189,000 negotiable
Unit 3 $189,000 negotiable
The building is solid, concrete block construction with a colorbond roof. All apartments feature:
- Two bedrooms with built-in wardrobes
- Tiled floors
- Ceiling fans throughout and air conditioning in bedrooms
- Separate shower and toilet
- The kitchens have double sinks and the cabinetry is in excellent condition
- Security screens to all windows and doors
- Large undercover two car carport for each apartment (plenty of room for the boat)
The highway through Cardwell and the Cardwell foreshore has undergone a $40 million + redevelopment. Undoubtedly, this will be the catalyst for Cardwell's recovery. Locals love the new Cardwell. The redevelopment delivers a more modern town, new facilities and a vibrancy that has never been seen before in Cardwell. The $1.2 million redevelopment of the Cardwell golf course is near completion. The sale of the Port Hinchinbrook development is imminent. No wonder locals are excited! Cardwell presents an excellent opportunity for new residents and investors alike. DON'T MISS THIS OUTSTANDING OPPORTUNITY!
Property Code: 72
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