Solid investment - Fully Tenanted - 10% Return - No Body Corp

1-5/34 Marian Street, Mount Isa, 4825

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780,000 AUDEst. Mortgage: AUD 5,481/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 1,004 sqft
  • Bedrooms 5
  • Bathrooms 5
  • Furnished No
  • Last Updated 16th Aug, 2022

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 5
  • Secure Parking
  • Built-in Wardrobes
  • Split-system Air Conditioning
  • Toilets: 5

Property Overview

Providing a lucrative income for the current owner, this block of 5 flats is ready to benefit a new set of investors who are ready to expand their portfolio. <br/><br/>Well situated off Marian St facing onto Mullan St, each of the oversized 1 bedroom units feature the following:<br/>- Recently renovated kitchens & bathrooms<br/>- Solid Block Units (Rare find)<br/>- Well Maintained (no work to be done) <br/>- Large Living areas<br/>- No Body Corp fees<br/>- Separate toilets<br/>- Built in wardrobes to all bedrooms<br/>- Air conditioning to all units<br/>- Single off-street carports to each unit<br/>- 4 units have a shared backyard. Fifth unit has a fenced private, dog friendly area allowing greater flexibility with tenants.<br/>- 3 x shared garden sheds<br/>- 3 x shared external laundries<br/>- Stable long term tenants <br/><br/>The location is easy walking distance to the CBD and these units are consistently leased out, showing a 10% return with the added advantage of low maintenance.<br/><br/>Call Tanya (0407 129 148) or Robyn (0409 614 299) to arrange a viewing.

Location on Google Map

1-5/34 Marian Street, Mount Isa, 4825

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