48 Primrose Street, Belgian Gardens.

One title, one rates notice and NO BODY CORPORATE FEES for this block of five units. Perfect for the astute investor 5 units @ $275,000 each = $1375,000 You will never have trouble finding tenants for these spacious Units. Located in the sought-after suburb of Belgian Gardens. The Townsville Strand is a short walk. The beach is one street away. The five units are all two bedrooms with built-in robes, tiled open plan living, 1 bathroom, fully Air-Conditioned, security screens on all doors and windows and undercover carport. All the units' kitchens have been replaced, as seen in the photos. Unit 1 &4 have fully renovated bathrooms and units 2,3, & 5 bathrooms are partly renovated. All 5 units are currently rented bringing in an income of $1,790.00 per week. As you can see 3 of the units rent it is well under today's rent. The potential rent for each unit should be $380 per week. Not only is it a great Buy it is a solid investment. Each Unit: • 2 bedrooms with built-in robes • Modern kitchens & bathrooms • Upgraded appliances. • Air-conditioned and tiled throughout • Dedicated carport to the front of each unit Current rental: • Unit 1 - $350.00pw, 23/02/2024 - 20/02/2025. Rent last increased, 23/02/2024. • Unit 2 - $380.00pw, 27/07/2024 - 29/07/2025. Rent last increased, 27/07/2024. • Unit 3 - $330.00pw, 24/11/2023 - 21/11/2024. The new lease is signed. The rent has been increased to $380 p/w . • Unit 4 - $350.00pw, 22/05/2024 - 20/05/2025. Rent last increased, 22/05/2024. • Unit 5 - $380.00pw, 30/05/2024 - 29/05/2025. Rent last increased, 30/05/2024. Complexe Features: • On a 1,012m2 block • Low maintenance • NO BODY CORPORATE FEES • 1 insurance policy • Close to schools, shops & public transport • Walking distance to Pallarenda & beach • Rates for 6 Months - Discounted amount, $8,189.80 / Amount due if paid after due date, $8,333.30. Situated in a well-established area of Belgian Gardens, this property will not last long! You know the old saying "You snooze you lose." Call Doreen Charity 0414 691 666 Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective vendors, purchasers.