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3 Adelaide Street,
Esk 4312, Queensland
$1,410,000
Property details
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Agents
5-Star 5-Plex! - Auction Week No Open Home!
*Auction this Saturday 31st August at the Somerset Civic Centre, Esk - Registration open from 9:30am - Auction 10:00am Sharp.*
If you are looking for a high yielding investment opportunity, than you cannot look past 3 Adelaide Street, Esk. The property is a 5 unit complex with long term tenants and fantastic rental yields.
Configuration:
Five units, each unit consists of:
• 3 bedrooms
• 2 bathrooms including ensuite
• Single lock up garage
• Large open plan living, kitchen, dining
• Floor plan representative of each unit
• Individual electricity meters
• The water is not separately metered but can be installed*
Age:
• Circa 2006/2007
Current Tenancies:
• Current weekly rental amount $300 - $350 per week
• The five units are all currently occupied on fixed tenancy agreements
• Current gross annual income = $85,280
• Rental Appraisal $375 - $400 per week (very high confidence)
• Potential gross annual income = $104,000 at $400 per week per unit
Position:
Located in the heart of Esk, walking distance to all of Esk's amenities;
• IGA
• Post Office
• Esk Hospital
• Public Transportation
• Esk Primary School
• Esk Grand Hotel
• Brisbane Valley Rail Trail
• 50min to Ipswich
• 1hr to Toowoomba
• 1hr 20min to Brisbane
Potential:
• Esk township has one of the lowest investment property ratios in South East Queensland. With limited supply and high demand in the growing Somerset Region, finding tenants will never be an issue.
• The property is also located approximately halfway along the Brisbane Valley Rail Trail that attracts approximately 50,000 riders per annum, there is the potential to explore short term holiday accommodation.
• The units all come under one singular title, however there is potential to strata title.
The property is low maintenance, high yielding and rare to find so enquire today.
The property is set to go to public auction 10:00am Saturday 31st of August.
*To limit the impact on the tenants in the property, we will only be having one unit open for viewing at the advertised inspection times. All the units are mirror images of one another with very slight differences and all in similar condition.
*The floor plan is representative of all three units.
*All development in the region is subject to council approval & Brisbane Valley Rail Trail rider number estimates have been sourced from www.tmr.qld.gov.au.
If you are looking for a high yielding investment opportunity, than you cannot look past 3 Adelaide Street, Esk. The property is a 5 unit complex with long term tenants and fantastic rental yields.
Configuration:
Five units, each unit consists of:
• 3 bedrooms
• 2 bathrooms including ensuite
• Single lock up garage
• Large open plan living, kitchen, dining
• Floor plan representative of each unit
• Individual electricity meters
• The water is not separately metered but can be installed*
Age:
• Circa 2006/2007
Current Tenancies:
• Current weekly rental amount $300 - $350 per week
• The five units are all currently occupied on fixed tenancy agreements
• Current gross annual income = $85,280
• Rental Appraisal $375 - $400 per week (very high confidence)
• Potential gross annual income = $104,000 at $400 per week per unit
Position:
Located in the heart of Esk, walking distance to all of Esk's amenities;
• IGA
• Post Office
• Esk Hospital
• Public Transportation
• Esk Primary School
• Esk Grand Hotel
• Brisbane Valley Rail Trail
• 50min to Ipswich
• 1hr to Toowoomba
• 1hr 20min to Brisbane
Potential:
• Esk township has one of the lowest investment property ratios in South East Queensland. With limited supply and high demand in the growing Somerset Region, finding tenants will never be an issue.
• The property is also located approximately halfway along the Brisbane Valley Rail Trail that attracts approximately 50,000 riders per annum, there is the potential to explore short term holiday accommodation.
• The units all come under one singular title, however there is potential to strata title.
The property is low maintenance, high yielding and rare to find so enquire today.
The property is set to go to public auction 10:00am Saturday 31st of August.
*To limit the impact on the tenants in the property, we will only be having one unit open for viewing at the advertised inspection times. All the units are mirror images of one another with very slight differences and all in similar condition.
*The floor plan is representative of all three units.
*All development in the region is subject to council approval & Brisbane Valley Rail Trail rider number estimates have been sourced from www.tmr.qld.gov.au.
Explore the area
School catchments
- Esk State School Primary Prep-6 Government 1.1km
- Toogoolawah State High School Secondary 7-12 Government 15.5km
- Toogoolawah State School Primary Prep-6 Government 16.9km
- Coominya State School Primary Prep-6 Government 18.7km
- Patrick Estate State School Primary Prep-6 Government 23.9km
- Mount Tarampa State School Primary Prep-6 Government 25.0km
- Clarendon State School Primary Prep-6 Government 25.3km
- Kentville State School Primary Prep-6 Government 26.7km
- Lockrose State School Primary Prep-6 Government 28.6km
- Lowood State School Primary Prep-6 Government 29.8km
- Lowood State High School Secondary 7-12 Government 29.9km
- Harlin State School Primary Prep-6 Government 30.1km
- Tarampa State School Primary Prep-6 Government 30.2km
- Fernvale State School Primary Prep-6 Government 31.9km
- Lake Clarendon State School Primary Prep-6 Government 32.1km
- Glenore Grove State School Primary Prep-6 Government 32.4km
- Hatton Vale State School Primary Prep-6 Government 34.2km
- Sophia College Secondary 7-11 Catholic 35.2km
- Kilcoy State High School Secondary 7-12 Government 36.2km
- Faith Lutheran College - Plainland Combined 7-12 Independent 36.6km
- Crow's Nest State School Combined Prep-10 Government 36.7km
- Lockyer District State High School Secondary 7-12 Government 39.2km
- Laidley State High School Secondary 7-12 Government 44.3km
- Samford Valley Steiner School Combined Prep-12 Independent 46.3km
- Woodford State School Combined Prep-10 Government 47.0km
- Rosewood State High School Secondary 7-12 Government 47.0km
- King's Christian College - Walloon Campus Combined Independent 47.1km
- West Moreton Anglican College Combined Prep-12 Independent 48.0km
- Carmichael College Combined Prep-12 Independent 49.7km
- Ipswich State High School Secondary 7-12 Government 50.6km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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