SOLD BY RAY WHITE - Prime Investment Opportunity In The Town Of Proserpine

Prime Investment Opportunity In The Town Of Proserpine

With the current pressure on the rental market pushing yields higher and vacancy rates dropping below 1% - there has never been a better time to invest in affordable housing options with no Strata fees.

On offer is a block of seven tidy units situated on Marathon Street, Proserpine. With the demand for rentals, this property will never be short on tenants eager to take full advantage of this prized location close to everything Proserpine has to offer.

* Solid income of $1,720.00 weekly
* 6x 2 Bedrooms - 1 Bathroom rent $250.00 week
* 1x 1 Bedroom - 1 Bathroom rent $220.00 week
* Open plan Lounge, Dining, and Kitchen area
* Spilt Air Conditioners
* Situated on 2x titles on 1,009 m2
* Rental Appraisal (2 beds $280 - $300 per week (if both bedrooms are air-conditioned)
* Rental Appraisal (1 bed $240 - $260 per week ( if living area is air-conditioned)

This a sensational opportunity to expand your property or superannuation portfolio. This very well-maintained apartment block of seven is ideal for an investor who wants to purchase an entire building with consistent rental returns.

For further information, please send an enquiry to receive additional information for a copy of rates and insurance, or call Andrea on 0418 796 323

Explore the area

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School catchments

Proserpine State High School Secondary 7-12 Government 0.37km
Proserpine State School Primary Prep-6 Government 0.58km
St Catherine's Catholic College The Whitsundays Combined Prep-12 Catholic 1.2km
Whitsunday Christian College Combined Prep-12 Independent 15.9km
Cannonvale State School Primary Prep-6 Government 18.7km
Bloomsbury State School Primary Prep-6 Government 33.2km
Hamilton Island State School Primary Prep-6 Government 39.0km
Hayman Island State School Primary Prep-6 Government 49.3km
Pindi Pindi State School Primary Prep-6 Government 54.0km
Townsville Flexible School - Bowen Campus Secondary Catholic 55.9km
St Mary's Catholic School Primary Prep-6 Catholic 56.4km
Bowen State School Primary Prep-6 Government 56.4km
Bowen State High School Secondary 7-12 Government 57.9km
Calen District State College Combined Prep-12 Government 58.3km
Queens Beach State School Primary Prep-6 Government 60.5km
Merinda State School Primary Prep-6 Government 61.2km
Seaforth State School Primary Prep-6 Government 69.7km
Collinsville State School Primary Prep-6 Government 78.6km
Collinsville State High School Secondary 7-12 Government 79.7km
Mirani State High School Secondary 7-12 Government 88.6km
Mackay Northern Beaches State High School Secondary 7-12 Government 95.1km
Carlisle Adventist College Combined Prep-12 Independent 98.2km
Holy Spirit College Secondary 7-12 Catholic 98.6km
Whitsunday Anglican School Combined Prep-12 Independent 98.7km
Pioneer State High School Secondary 7-12 Government 98.8km
Mackay North State High School Secondary 7-12 Government 100.1km
Mackay Christian College Combined Prep-12 Independent 100.6km

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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