The Property – Don’t let first impressions sway you on this gorgeous’ little block of 3 flats. It has stacks of Character’ and whilst some may use the term In Original Condition’, we prefer to suggest it is well loved’ and has certainly been lived in’ since (we estimate) the 1950’s. On one title, these flats comprise of two 1 bedroom and one 3 bedroom dwellings. The 506m2 runs north / south with the street frontage directly North over the river
The Location – MAROOCHY RIVERFRONT!!……..with the River as your backdrop, the coastal pathways network is the community highway to everything enviable about living on The Sunshine Coast. Boat Ramps within walking distance, cafes, shops, Maroochydore CBD you name it, it is within a walk away.
The Investment – “Make sure you let me now about the next cracking cash flow positive property that comes up” ..Well, now you know….. This is that RED HOT property and a stand out Cash Cow’ investment that keeps on giving!! Combined weekly rental income of $705.00pw – WOW!! Our experienced property managers have ensured this property is 100% occupied with great tenants on residential leases so it keeps on humming along for the owners. Do the Math, work out a yield you are happy with and Bid at the Auction – Simple.
The Development Opportunity – within the Medium Density zone and importantly the Bradman Avenue Foreshore zone allowing 12 metre building height this property speaks for itself with the development opportunity clear and evident.
The Deal – Be ready to purchase at the AUCTION On-Site 10th October @ 11am as this property will be sold. We expect strong interest in this Red Hot Cash Cow’ investment.
Inspections – Strictly by appointment only to qualified buyers as a courtesy to the tenants, their privacy and right to peaceful occupancy of the properties.