246 William Street, Allenstown QLD 4700

Five Star Investment Opportunity!

8 8 6

Investors will understand the income!

– Income total from all units and sheds is around $90,000.
– Around 12% return on investment.
– Tenants parking available.
– Gross income – $90K a year.
– Council rate $14k per annum. Water $700 a year. All paid by the owner. All units have seperate meter boxes and tenants pay for electricity.
– All tenants are long term 12 month plus and all get along well together!
– All units are 1 bedroom units with kitchen dining, bathroom and sitting area.
– Current owner since 2006 – 2 Minute walk from major shops in Allenstown, hospital and buses.
– 0.5% Vacancy rate in the current market.
– A great investment.

For more information, please contact our friendly team at Mr Real Estate Rockhampton
Rockhampton is a growing, busy, country centre of around 80,000 people that service the mining towns to the West and the Capricorn Coast and Keppel Island to the East.
Currently we are on a growths spurt. With an abundance of growth our town is experiencing confidence and energy. With the lack of housing, rental pricing are souring RIGHT NOW!

Price: Sold $700,000

Key Details & Features

Landsize : 974.00 squareMeter
Property ID : R2-2384814
Lockable garage: 6