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$320K Investment oppurtunity. 6.8% net under management

Gin Gin, 23 May Street

$320000 ONO

  • 6
  • 4
  • 4
  • 2
  • 2
Listing Number: LKD2328
About this listing
This duplex building presents in good order with a 7.54% gross return.

Building is in good repair and are both tenanted.
23B is airconditioned .

Gin Gin is a well serviced vibrant town which includes hospital, primary and secondary schools, butcher, baker, supermarket, hardware, eateries , coffee shops and variety stores.

Bundaberg is 50 kms to the east.

Vacancy rates are low.

Duplexes are part of a portfolio of 3 properties all adjoining. Portfolio for sale as a whole or separate.$600K
Property Information
  • Land area
    • Land Area Acres: 0.25
    • Land Area Ha: 0.1012
  • Location & services: Km's to Nearest Town: 200 metres, Nearest Town: Gin Gin, Location / District: Gin Gin, Schooling Primary: Gin Gin, Bus Primary (No), Schooling Secondary: Gin Gin, Bus Secondary (No), Mail Service (Yes)
  • Tenure: Freehold: yes
  • Approx year built: 2010
  • Property Type: Other / Unspecified
  • House style: Duplex
  • Construction: timber
  • Roof: iron
  • House Details: Security alarm, Lounge Room, Family Room, Kitchen, Laundry and Insulation
  • House Comments: 2 x 3 bed ensuited units with modern conveniences.23b has airconditioning.Both fully tenanted.
  • Heating / Cooling: Heating / Cooling
  • Property Features: Safety switch
  • Chattels remaining: Blinds, Drapes, Fixed floor coverings, Light fittings, TV aerial, Rangehood, Dishwasher, Curtains
  • Fencing: Fencing - Type & Condition: nil
  • Topography: sloping
  • Present Condition: 8 years old in good repair
  • Water supply: town
  • Shedding and Improvements: underhouse carpark and storage

Contact Details

96 Mount Perry Road

Property Location

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