Norman Gardens 3-unit complex near CQU North with excellent return
21 Atherton Street, Norman Gardens
Block of Units
Sold
Property Information
- Council Rates $7250/year
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Investors looking for solid, low maintenance residential property should consider this brick triplex in a desirable Norman Gardens location handy to CQ University, public transport, Glenmore shops and both public and private schools. The 3 identical units each have open plan kitchen, dining, and living area, 2 bedrooms, bathroom, laundry, separate clothesline, and lock-up car space with annex. The 1200m2 lot is easy-care, and current rental figures shows strong returns with market rent $280/w/unit or $43k p.a.
Low-set, 3 x 2 bedroom, 1 bath, 1 car, brick triplex units Open-plan living/dining/kitchen areas, direct access from carport Each kitchen has electric stove, brekky bar, window over sink All bedrooms and living areas have carpet and ceiling fans 2 units with air-con in living area, 1 unit with air-con in main bedroom Bathrooms with shower, vanity, WC; inside laundry, seperate clothesline Lock-up front garages with annexes and doors to living areas Large, level 1200m2 lot, access to rear both sides, fenced 3 sides 2km to CQU North, handy to public transport, schools, shops Can expect over $43k per year in rental income.
Property Features
- Garages 3
- Nearby Government Schools
- Nearby Private Schools