26 Queen Street, Greenhill, NSW 2440

Bedrooms
8
Bathrooms
4
Parkings
4
Area
1334m2
Type
House

Last updated on Wednesday, June 19, 2024

$925,000

26 Queen Street, Greenhill, NSW 2440 - More Details

$925,000

Nestled in the heart of the serene Greenhill community, Palm Court appeals to investors with its promise of low-maintenance luxury and remarkable returns. Situated at 26 Queen Street, this property boasts a unique complex of four spacious villas, offering an unparalleled investment opportunity that combines convenience, comfort, and financial prosperity.

Each villa within Palm Court features two spacious bedrooms, one bathroom, and a convenient carport, embodying the essence of contemporary living. Constructed with durable double brick and crowned with a resilient tile roof, these villas epitomise low-maintenance elegance, ensuring peace of mind for years to come.

What sets Palm Court apart is its unparalleled investment potential. With all four villas consolidated under one title, investors are relieved of strata fees, maximising returns and simplifying management. Currently leased at $290 per week per villa, with a promising potential to increase to at least $300 per week, Palm Court yields an impressive total income of $1,160 per week, with the prospect of ascending to a minimum of $1,200 per week. This translates to an exceptional return on investment, exceeding 6.5%, promising a steady stream of revenue and unparalleled financial security.

Important Information:
- 4 Villas – 2 Bedrooms, 1 Bathroom, Single carport
- Currently leased at $290 per week per villa
- Potential to be leased for $300 per week per villa
- Currently leased for a combined income of $1,160 per week
- Potential to be leased for a combined income of $1,200 per week
- Minimum 6.5% return
- All villas on 1 title
- Council rates: $9,775 per annum (approx.)

Beyond its financial allure, Palm Court offers an enviable location that enhances its investment appeal. Conveniently situated this property has no chance of flooding and is just a brief 10-minute drive from Kempsey CBD and less than 30 minutes from the picturesque beaches of Crescent Head, Palm Court offers the perfect balance between urban convenience and coastal tranquillity, ensuring high tenant demand and sustained property value.

Invest with confidence in Palm Court, where every aspect has been designed to ensure a safe, prosperous, and rewarding investment experience. Don't miss out on this rare opportunity to secure your financial future in the thriving Macleay Valley.

Enquire now to ensure you don't miss this opportunity!


Disclaimer: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
Type
House
Bedrooms
8
Bathrooms
4
Parkings
4
Area
1334m2

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26 Queen Street Greenhill NSW 2440

Property FAQs

What is the current asking price for the 26 Queen Street, Greenhill, NSW 2440?

Elders Real Estate Kempsey has not listed a sale price for 26 Queen Street, Greenhill, NSW 2440. Contact the agent for a price guide.

How many bedrooms does the property listed 26 Queen Street, Greenhill, NSW 2440 feature?

26 Queen Street, Greenhill, NSW 2440 is a 8 bedroom House.

What are the standout features of the 26 Queen Street, Greenhill, NSW 2440?

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What is the total land area and built-up area of the 26 Queen Street, Greenhill, NSW 2440?

The total land area and built-up area of the 26 Queen Street, Greenhill, NSW 2440 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 26 Queen Street, Greenhill, NSW 2440?

26 Queen Street, Greenhill, NSW 2440 can accommodated 4 vehicles in the parking area.

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