Offers over $1,395,000
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1-4/89 Buderim Avenue, Mooloolaba QLD 4557

Other
954
Block size: 607 m² approx.

5.3% Gross Return - Superb Investment - Just Minutes From The Sea

How does earning in excess of $74,100 pa gross ($1,425 p/w) sound on an investment of just over $1,395,000.

This property has four units on the one title: All rented permanently with plenty of room for rental growth. Almost all of the hard work has been done, with all four units having recently had a total refurbishment including new kitchens and bathrooms - now it's time to sit back and reap the rewards. Have a look at the figures - it would be hard to find better investment.

Why not take advantage of the capital growth in the area, great depreciation to be had in your next tax return with the recent refurbishment and with location on its side - never be short of a tenant

INCOME
1 x Three Bedroom Townhouse, 2 Bathroom with a Huge 6 x 6 metre covered Patio
Unit 1: Currently earning $400 p/w. Could be earning $420 p/w.

3 x Two bedroom units:
Unit 2: Currently renting for $335 p/w. Could be earning $350 p/w.
Unit 3: Currently earning $340 p/w. Could earn over $360 p/w.
Unit 4: With a Huge 6 x 6 metre covered Patio. Currently earning $350 p/w. Could earn over $365 p/w.


OUTGOINGS
Rates: $3,514.92 pa
Water: $4,509.92 pa
Insurance: $1,965 pa

INTERESTED ? . . . Call Bruce on 0488 571 112, to discuss the details further.

Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours of an advertised open home. Therefore confirmation of all open home times with the listing agent is advised.

All information contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries

IMPORTANT NOTE:
Please register your details online for all inspection times and all enquires.
If you do not register for an inspection we cannot guarantee an inspection time and will be unable to notify you of any cancellations or time changes.


Features
  • Dishwasher

Inspections

No open inspections scheduled.

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

Property walkthrough

Key details

Bedrooms:
9
Bathrooms:
5
Garage Spaces:
4
Property type:
Other
Block Size:
607 *

Other Details

Lot:
17
Plan Type:
RP
Plan:
115937
Legal description:
17/RP115937
RE/MAX Connected
  • Mark White

    RE/MAX Connected

Maps and area information

Block information
Block size: 607 (approx)
Legal description: 17/RP115937
Block Map
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A block's planning zone defines how that land can be used and what can be built on it.
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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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Property history

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See Mooloolaba's suburb profile

Mooloolaba suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
45 years
Population
8,202
Listing ID: 172329816. This listing has been viewed 883 times. It was first displayed on 29/06/2016 and last updated on 15/12/2018.
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.