Incredible Investment Opportunity

14 Water Street, Bundaberg South QLD 4670

Offers Above $1,500,000
8Bedrooms
4Bathrooms
4Carspace

Built to stand the test of time this block of brick units creates a unit opportunity being bought to market for the first time since being built. With a durable design, central location and minimal maintenance these units present a true set and forget money maker.

All units include:

- Integrated living and dining area with fans, some units with air-conditioning.
- Private front courtyard for alfresco dining.
- Generous kitchen with natural light, storage and upright electric stove.
- Spacious main bedroom with built in robe and fan.
- Second bedroom with built in robe and fan.
- Bathroom has corner shower, toilet and vanity.
- Separate laundry with sink, storage and rear access to clothes line.
- Shared drive way with a carport for each unit.
- Internal brick for maximum durability and low maintenance.

The numbers:

All units currently tenanted with long term tenants who look after the units perfectly.
Current gross annual return approx $66,300.

Rental appraisal - $480-$520/week - would take this to excess of $100,000 annually.

With local vacancy rates remaining very low and property prices continuing to grow this is idyllic timing to ensure your future and lifestyle with this important investment.
For more detailed information please contact Mark and Kynan today.

Next inspections

View by appointment

Key details
Land size (approx.) 911 m2

Obtain a rental appraisal for this property from a property manager expert

Let’s go get your home.

This field is hidden when viewing the form
This field is hidden when viewing the form
This field is hidden when viewing the form
This field is hidden when viewing the form
Subscribe to the McGrath Newsletter.
Register to receive pre market opportunities
Terms and Conditions and Privacy Policy(Required)

Testimonials

What our clients saY about us

Own a similar property?

Whether or not you are thinking of selling, having your home appraised can be a great way of understanding the local market.

Start your property appraisal

Find the right loan for you

At Oxygen Home Loans, we work for you, not the banks, and pride ourselves on quality advice.

FIND THE RIGHT LOAN FOR ME