Block of Units for sale

335 Bridge Road,

West Mackay, QLD

12 6 6
Expressions of Interest

BLOCK OF 6 X UNITS

BLOCK OF 6 X UNITS WITH GREAT POTENTIAL FOR CAPTIAL GROWTH

This complex is located in the prime location of West Mackay. For investors who want to further extend their portfolio, the owner has also offered for sale the adjoining block of units at 337 Bridge Rd which has 12 x units on a separate title. These units are positioned opposite shops, post office, supermarkets, doctors, chemists, within walking distance to schools and hospital and only a few minutes' drive into Mackay's CBD.

This is your opportunity to purchase a 2011m2 allotment zoned Higher Density Residential, currently comprising of 6 x 2 bedroom units over two levels. Each unit has open plan living/dining, kitchen and laundry on the lower level, upstairs comprises of 2 generous bedrooms, balcony and bathroom. Each unit has its own carport located at the front. This block of units did have full DA Approval in 2008 - subject to conditions, to allow for an additional 6 x multiple dwelling units, which has now lapsed.

The complex offers an average monthly gross rental return of $4,670 (based on January 2015 - December 2015 ). It is located in a prominent position making these units an attractive rental choice with an excellent opportunity to expand on capital growth. This block of units is ideal to strata title, renovate or further develop.

Disclaimer: The vendors and/or their agents do not give any warranty as to errors or omissions, if any, in these particulars, which they believe to be accurate when compiled.
Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the particulars.
Last updated: 04:13AM on Aug 25th 2016
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Hugh Reilly Real Estate Mackay

98 Wood St
Mackay QLD, 4740