LIFESTYLE WITH INCOME WITH THIS FREEHOLD ACCOMMODATION COMPLEX WITH 4 DETACHED UNITS

20 Wambo Street, Condamine, 4416

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300,000 AUDEst. Mortgage: AUD 2,108/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 1,012 sqft
  • Bedrooms 5
  • Bathrooms 4
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Courtyard
  • Garage: 5
  • Air Conditioning
  • Dishwasher

Property Overview

Phone enquiries - please quote property ID 24095

Here is your opportunity to invest in a freehold accommodation complex comprising four detached units, in central Condamine, with frontage to the national Leichhardt Highway. Live in one and rent out the others providing you a good income and lovely country lifestyle.

Dwelling/Unit 1: Lowset, timber framed dwelling set on concrete foundations with besser brick external cladding, corrugated galvanised iron sheeted roof, aluminium framed windows and timber frame doors. Accommodation includes two bedrooms, each with built-in cupboards, bathroom, separate water closet, kitchen/dining/living, outdoor communal laundry, front and rear porch. The dwelling is fitted with two split system air conditioning units and a ceiling fan.

Units 2, 3 and 4: Detached, timber framed constructions set on concrete foundations with weathertex external cladding, gable design colorbond sheeted roof, aluminium framed windows and glass sliding doors. All units offer a functional interior layout.

Each unit accommodates one bedroom, ensuite and front patio. Unit 2 provides disabled access and bathroom facilities. A single split system air conditioner services each unit.

Ancillary improvements to the site include colorbond fencing to three sides, concrete driveway and pathways to each unit, a 13,500 litre and a 4,500 litre polythene rainwater tank with pressure pump and four concrete car parking spaces are provided. The four structures are set in well established and low maintenance lawns and gardens.

ABOUT CONDAMINE AREA:
Located approximately 320km west of Brisbane, Condamine is an important grazing and grain production district. Livestock production including both grain and grass-fed beef, while the cropping industry is based on wheat, sorghum, barley and cotton crops. There is a large fish farm nearby which grows out fingerlings to market size fish. Feedlots are a growing industry, adding to the economic base for the region.

In recent years the township of Condamine has experienced modest growth as a result of the large corporate cattle feedlots and the subsequent demand for workers accommodation associated with the resources sector, including the open cut coal, coal seam gas and power generation industries within the area known as the Surat Basin now forming a major part of the regions economy.

Condamine is a small regional township (population around 360) with predominantly tightly held residential properties. There is always a demand for workers accommodation.

This property has an enormous amount of potential and is priced to sell!

To find out more or to arrange an inspection, enquire today.

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.

Location on Google Map

20 Wambo Street, Condamine, 4416

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