Block of Units for sale

Block of Units in Torquay, QLD

16 7 8
Offers Over $1,395,000

Opportunity like this does not come often !!!

Located on the Esplanade in sunny Hervey Bay, this waterfront house & block of units surely must appeal to the avid investor !!

This once in a lifetime opportunity consists of 1,200m2 of prime land with 6 x Two Bedroom Units (individually strata-titled) and 1 x Four Bedroom House (with studio accommodation underneath).

Overlooking Torquay Beach with the sand 50 meters from your doorstep, each unit has cool breezes and stunning views.

The 4 bedroom house has recently undergone renovations and now boasts a brand new kitchen, flooring, bathroom and Separate toilet. Each unit has had some degree of renovation to it be it kitche, blinds, flooring, bathroom vanities etc.

The complex comes with an on-site private swimming pool and is just a short stroll to beach fishing, cafes, restaurants, retail shops and much more, A local courtesy bus provides free daily transport to award winning clubs.

The units currently produce $1,550 per week rental income. The house and studio provide an additional $570 per week, totalling $2,120 per week.

There are a multitude of possibilities for the astute investor, including:

Keep all existing tenants and enjoy an ongoing 7%+ rental yield;

Live in the house and receive cash flow renting the units;

Perhaps keep one of the units as a holiday home for your family;

Call now before its too late !


Please register your details online for all inspection times and all enquires.

If you do not register for an inspection we cannot guarantee an inspection time and will be unable to notify you of any cancellations or time changes.

Property Code: 30
Last updated: 06:26PM on Jan 22nd 2018
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