Block of Units Sold
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Rare Investment Opportunity6 Apartments, 100m to River!Property ID 1452407Rarely does an opportunity like this get presented to the market; this tightly held Noosaville apartment block, fully tenanted and generating good yields with low outgoings, only 100 metres to the river and in immaculate condition, is on offer to the savvy investor who is seeking location, income and solid future capital growth.
In a low maintenance block of six; the complex is complete with 6 units comprised of two bedrooms, one bathroom, open plan living and one carport each. The three on the upper floor have delightful sun-drenched balconies, whilst the three on ground level have private courtyards.
All units have been tastefully modernised with quality kitchens, tiled floors, split system air-conditioning and timber privacy shutters; their enhanced appeal has attracted a high calibre of tenant and decent rental returns. All six are professionally managed by Ray White Noosa.
On nearly a quarter acre block (948m2) in a premium location just footsteps to the Noosa River, the purchaser can land-bank for an indefinite time period and on-sell when the market is booming, whilst earning a guaranteed income in the meantime. Investors with self-managed super funds (SMSF) can borrow and purchase in a relatively risk-free proposition; the value of a site of this size in this location only moves in one directionup!
Developers may also be interested in redeveloping the site (stca); as its close proximity to the river front and other amenities greatly increase its viability. Just imagine the possibilities
Not only is the river just a short stroll away, Gympie Terrace with its plethora of boutique retail and dining, riverfront park and commercial facilities is also within walking distance, and Noosa Heads' iconic Hastings Street precinct, patrolled beach and national park is just a few minutes' drive.
The seller's motivation is sky high. If you have any interest in finding out more, contact Agent immediatelythere is every chance this red hot opportunity not make it to Auction.
. Potential for +5% net return
• Location gold, opportunity platinum!
• 6 x 2 bedroom, 1 bathroom units
• Modernised with tasteful fresh dcor
• Fully tenanted quality tenants
• Attractive yields, low outgoings
• 3 up balcony, 3 down courtyard
• 100 metres to river, walk to dining
• 948m2 future development site
• Could suit as a SMSF investment
• Long-term interstate investor owner
• Offers welcome prior to Auction
• Call Agent ASAP to find out more!
. Information pack available on request