Sold
Last Asking Price - $685,000
31 Howard Street, Burrum Heads QLD 4659
Apartment
655
OUTSTANDING INVESTMENT PROPERTY
If you are searching for an amazing investment property with boundless future potential then look no further! This property is situated just 2 streets from the water in beautiful Burrum Heads. Not only are there 5 separate units all producing income, but the block has 2 titles, for future development this has so much potential!
Future ideas for this property could be: keep as is and have a great return on your money, live in one of the units and still have a great income, subdivide, remove the front building and build a new home keeping the back units as long term rentals or Airbnb units for an income!!! The potential here is huge! (all STCA)
* ALL 5 UNITS ARE CURRENTLY TENANTED AND RETURNING $1130 GROSS PER WEEK
In a snapshot this property features:
* 3 units to the rear - these are studio units each containing a bathroom, kitchenette, open plan lounge/bedroom, carport, plus a shared laundry
* 2 units to the front - these units share a double carport and are set up as:
Upstairs - 2 bedrooms, combined lounge/dining and kitchen area, bathroom with laundry facilities, plus storage room
Downstairs - 1 bedroom, combined lounge/dining and kitchenette area, bathroom and separate laundry room
* All units are separately metered for electricity.
* Front & back units are on two (2) separate titles (lots 1 & 2)
* 5KW solar system
* 1012m2 level block
This great property is situated just 2 minutes from medical centre, boat ramp, shops, tavern and petrol station, and just 25 minutes to Hervey Bay. Why not secure a high return on your investment with assured capital gains for the future. There are so few investment opportunities like this along the Queensland coast, so be sure to have a look.
* please note inspections need a minimum of 48 hours notice
CALL NOW FOR MORE INFORMATION
Features include: Air conditioning,Built in wardrobes,Balcony / Deck,Close to shops,boat ramps,beaches
Future ideas for this property could be: keep as is and have a great return on your money, live in one of the units and still have a great income, subdivide, remove the front building and build a new home keeping the back units as long term rentals or Airbnb units for an income!!! The potential here is huge! (all STCA)
* ALL 5 UNITS ARE CURRENTLY TENANTED AND RETURNING $1130 GROSS PER WEEK
In a snapshot this property features:
* 3 units to the rear - these are studio units each containing a bathroom, kitchenette, open plan lounge/bedroom, carport, plus a shared laundry
* 2 units to the front - these units share a double carport and are set up as:
Upstairs - 2 bedrooms, combined lounge/dining and kitchen area, bathroom with laundry facilities, plus storage room
Downstairs - 1 bedroom, combined lounge/dining and kitchenette area, bathroom and separate laundry room
* All units are separately metered for electricity.
* Front & back units are on two (2) separate titles (lots 1 & 2)
* 5KW solar system
* 1012m2 level block
This great property is situated just 2 minutes from medical centre, boat ramp, shops, tavern and petrol station, and just 25 minutes to Hervey Bay. Why not secure a high return on your investment with assured capital gains for the future. There are so few investment opportunities like this along the Queensland coast, so be sure to have a look.
* please note inspections need a minimum of 48 hours notice
CALL NOW FOR MORE INFORMATION
Features include: Air conditioning,Built in wardrobes,Balcony / Deck,Close to shops,boat ramps,beaches
Inspections
No open inspections scheduled.
Send an enquiry
Contact Samantha Scott to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
6
Bathrooms:
5
Garage Spaces:
5
Property type:
Apartment
Other Details
Maps and area information
Block information
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
04 Apr 2024
Sold
Ray White Hervey Bay
Listed: 15/02/2024
Block size: 1012m²
Transfer type: Full transfer
Burrum Heads suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
64 years
Population
2,538
Listing ID: 182299564. This listing has been viewed 14 times. It was first displayed on 15/02/2024 and last updated on 04/04/2024.
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.