After 21 years of establishing, renovating and holding these units it’s time for me to sell.
These units have been an outstanding performer for me over the years, renting to government departments, local council, professional individuals.
Block of 4, returning $68,600 at present but soon to go up next Feb to $83,000. Two renting for $400 each: Qld Giv and Murweh Council. two at $260 each on old old rents to individuals.
Asking $750,000 firm. 9% return at present. Will be 11% next February with rent increases.
Need to sell now due to unforseen circumstances.
Genuine sale. Always self managed as part of a large property portfolio. Same gardener for 21 years. Easy maintenance.
Zero vacancy in Charleville over last year atleast. many people on rental waitlist.
Full acess to rental ledgers.
Charleville is the South west centre of Qld for Education and Health.
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