Its not too often that you will receive an affordable opportunity like this to enter the real estate market. $149,000 will get you this orderly 1 bedroom unit currently tenanted for $195 per week.
Located near Mackay City Centre, and a short walk to the local IGA puts this unit in one of the areas most sought after positions. With low body corp fees, the small asking price and a substantial return this becomes a smart investment.
On the other hand, with some not so difficult modifications, you could possibly change the garage into a second bedroom and either increase your return or move in yourself. All in all, this is a particularly versatile proposition.
In summary, $149,000, a 1 bedroom unit, could possibly be 2 bedrooms and currently returning $195 per week.
Whichever way you look at it, to occupy or invest, it is definitely worth a look.
To book your private inspection at 2/105 Evan Street, South Mackay call Mark!
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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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