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Units 1-6/69 Richmond Street, Maryborough, Qld 4650 Sold
Units 1-6/69 Richmond Street, Maryborough, Qld 4650 Latest Aerial map Imagery for project Units 1-6/69 Richmond Street, Maryborough, Qld 4650

Units 1-6/69 Richmond Street, Maryborough, Qld 4650

Bedrooms
5
Bathrooms
3
Parkings
3
Area
1391m2
Type
Block Of Units

Last updated on Friday, September 08, 2023

$600,500

Units 1-6/69 Richmond Street, Maryborough, Qld 4650 - More Details

$600,500

Are you looking to elevate your investment portfolio? If yes, then this unit complex located at 69 Richmond Street, Maryborough may be right up your ally. These units are currently receiving an approximate net return of 5% with ample growth potential.

Situated on a generous 1,393m2 flood free allotment, you will find two dwellings conveniently located directly across the road from Maryborough Central Shopping Centre and within walking distance to other shopping precincts.

The first dwelling located at the front of the property is a high-set complex with 3 units (2 x 2 bedroom & 1 x 1 bedroom unit). All units are equipped with bedroom/s, bathroom, separate toilet, kitchen, living area, car space and laundry.

The second dwelling located at the rear of the property is a low-set Queenslander which has been divided into an additional 3 units. The current condition of this dwelling would need to be significantly improved to occupy tenants. There could be potential to demolish this house (subject to council approval) and, in time, build brand new units or another option is to leave as-is and intensively renovate.

Current lease details are:

Unit 1
- Currently returning $260 per week
- Lease start date 19th January 2022
- Tenant in place until December 2023

Unit 2
- Currently returning $280 per week
- Lease start date 13th May 2022
- Tenant in place until November 2023

Unit 3
- Currently returning $260 per week
- Lease start date 18th May 2023
- Tenant in place until May 2024

Additional information:
- Flood free property
- No body corporate
- Council rates are $14,825.46 per annum

To make an enquiry on this unique opportunity call Nikki Harmer today.
Type
Block Of Units
Bedrooms
5
Bathrooms
3
Parkings
3
Area
1391m2

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Units 1-6/69 Richmond Street Maryborough QLD 4650

Property FAQs

How many bedrooms does the property listed Units 1-6/69 Richmond Street, Maryborough, Qld 4650 feature?

Units 1-6/69 Richmond Street, Maryborough, Qld 4650 is a 5 bedroom Block Of Units.

What are the standout features of the Units 1-6/69 Richmond Street, Maryborough, Qld 4650?

Explore all key property features for Units 1-6/69 Richmond Street, Maryborough, Qld 4650. Click here to find out more.

What is the total land area and built-up area of the Units 1-6/69 Richmond Street, Maryborough, Qld 4650?

The total land area and built-up area of the Units 1-6/69 Richmond Street, Maryborough, Qld 4650 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 Units 1-6/69 Richmond Street, Maryborough, Qld 4650?

Units 1-6/69 Richmond Street, Maryborough, Qld 4650 can accommodated 3 vehicles in the parking area.

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    All data and information contained in these FAQs is provided by Real Search as a courtesy only. Real Search does not make any representations or warranties regarding the accuracy and/or completeness of this data and information. Users should check directly with the agent to verify this data and/or information.

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