$585,000.00 plus GST if applicable
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16 Seaview Street, Mission Beach QLD 4852

House
22
Block size: 805 m² approx.

MISSION BEACH INVESTMENT PROPERTY

PASSIVE INVESTMENT

Called "Passive" because of its hands-off approach, this type of property investment can be lucrative, as leases for childcare typically span ten years or more with little vacancy time. Annual rent excluding GST is $3,213.17 as 12 = 438,558.04. Annual rent over sale price of $585,000 divided by 100 gives a yield of 6.59%. The owners have collected the rent continuously since they purchased the property is 2004.


This solid house holds a prominent position in the town area of Mission Beach

High nett return each year plus capital gain

Long lease renewable

Outgoings paid by tenant.


The property is currently operated by professional Day Care Operator and has been for many years.

Inspection by appointment only.

Features include: Air conditioning,Internal Laundry,Fully fenced

Inspections

No open inspections scheduled.

Send an enquiry

Contact Steve Wiltshire to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
2
Bathrooms:
2
Property type:
House
Block Size:
805 *

Other Details

Lot:
16
Plan Type:
RP
Plan:
741645
Legal description:
16/RP741645
Mission Beach Real Estate

Maps and area information

Block information
Block size: 805 (approx)
Legal description: 16/RP741645
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Nearby sales

Looking to compare sales prices?

We found 6 houses with 2 bedrooms that just sold near 16 Seaview Street Mission Beach

Property history

We couldn't find any history for this property.
See Mission Beach's suburb profile

Mission Beach suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
50 years
Population
1,014
Listing ID: 182137667. This listing has been viewed 13 times. It was first displayed on 01/12/2023 and last updated on 21/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.