Fully Tenanted Quadplex with Strong Returns - Amazing Investment

219 Farm Street, Kawana

Block of Units

8    4    4  

For Sale

$1,050,000

Open Times

Please contact Todd Brandon to arrange an appointment.

Property Information

 
  • Land area approx 859sqm
 

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As opportunity to invest with this impressive quadplex property, offering the potential to strengthen your portfolio with rental income in one convenient location!

Comprising of 8 bedrooms, 4 bathrooms and 4 garages. This property features four separate units, each offering two bedrooms, a comfortable living area, a functional kitchen with dining space, and practical everyday living. Whether you're an experienced investor or looking to take the next step in property investment, this is an opportunity worth exploring.

RENTAL RETURNS:
Unit 1 – Leased at $380 per week
Unit 2 – Leased at $340 weekly with the rent to increase to $360 per week in Dec
Unit 3 – Leased at $360 per week
Unit 4 – Leased at $360 per week

With a combined rental return of $1,440 per week currently, soon to be $1460 this property offers the potential for an attractive ongoing income stream, subject to occupancy, expenses and market conditions.

Property Highlights:
Quadplex investment opportunity in Kawana 4 x 2 bedroom, 1 bathroom & 1 car garage per unit 8 bedrooms 4 bathrooms 4 car garages Functional kitchens and dining areas - both upstairs units have air-conditioning Spacious living areas in each unit Combined rental return of $1,420 per week Current annual rental income of $73,840 Appealing opportunity for investors looking to expand their portfolio
DISCLAIMER: The information above is provided by The Agency as general guidance only. Although we take care to keep it accurate, we do not guarantee that it is complete or reliable. Prospective purchasers should make their own enquiries and verify all details independently. The Agency accepts no responsibility for any errors, omissions or inaccurate statements.

Property Features

  • Air Conditioning
  • Built In Wardrobes
  • Car Parking - Surface
  • Carpeted
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Multi-Storey
  • Uncovered Carspaces 4
 
  • Nearby Government Schools
  • Nearby Private Schools

Combined

Capricornia (Rockhampton Campus) School of Dist Ed

Primary

Glenmore State School, Park Avenue State School, Frenchville State School, Berserker Street State School, Mount Archer State School, The Hall State School & Parkhurst State School

Secondary

Glenmore State High School, North Rockhampton State High School & Rockhampton State High School

Special

Rockhampton North Special School & Rockhampton Special School

Combined

Heights College, Lighthouse Christian School & Kingsley College

Primary

St Anthony's Catholic Primary School, St Joseph's Catholic Primary School, St Mary's Catholic Primary School & St Joseph's Catholic Primary School

Secondary

Emmaus College
* Nearby schools are selected based on straight-line distance only.

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