Offers over $180,000
Sitting of the fringe of the Innisfail CBD, these two investment units are under the one title and offer incredible financial returns.
Because of the properties location, the supply of ongoing stable tenants is assured.
Are far as investment properties go, they really don’t get much better than this. The tenants will be paying off your mortgage in no time.
The upstairs unit has beautiful timber floors throughout, is freshly painted and comprises of two large bedrooms, large bathroom, living area, and a neat and stylish galley kitchen, all this with a fully enclosed veranda, the current rent is $220 per week.
The lower ground floor unit is also very neat with two bedrooms, large open plan living area and bathroom. The current tenant has sectioned an office area which works great. This unit is currently renting at $210 per week.
The total weekly income is $430 per week
About the property:
Only a few minutes walk to the Innisfail CBD, making these two units highly sought after.
Situated on 809 metes of land, that is elevated and away from any possible rising water.
No Body Corporate Fee’s and after council rates and insurance this is still an outstanding investment opportunity.