86 Quay Street, Bundaberg West, Qld 4670

This 1950's built block of flats sits on a 1012m2 block of land, zoned residential B (medium to high density) and generates a return not to be overlooked.

Unit 1 (top right) - $250 per week
Unit 2 (bottom right) - $260 per week
Unit 3 (top left) - $265 per week
Unit 4 (bottom left) - $245 per week

Currently at $53,040 annual rental return providing a potential 7% gross yield.

Along with a new roof and a freshen up paint, the flats offer a fantastic outlook over the Burnett River, especially from the top 2 units, while the entire dwelling itself only takes up the front half of the block offering space for potential further development subject to council approval.

All 4 units offer a front patio, kitchen, living and dining, 2 bedrooms plus an additional space for an office, or study and 1 bathroom. The upstairs bathrooms have plumbing for washing machines while downstairs the laundries come off of the breeze way through the middle of the flats.

For a more in-depth look, please view our Virtual Tour. Call, text or email Ainsley Driver and Zak Wright for more information, or to book a viewing!