UNIT COMPLEX FOR SALE IN THE WHITSUNDAYS
These units would be a great addition to you're investment portfolio, or for some that wants to live on site and rent the other three units out, or maybe you live in the area and want to increase the rental return by managing the complex yourself, or maybe you want to use a body corporate and sell of each unit. The choice is yours!
We present to market for immediate sale this complete unit complex of 4 well maintained and up to date apartments, right in the heart of Bowen close to shops, amenities and the water front.
These fully fenced Apartments are meticulously maintained and each unit has a long term serving tenants, all the units have water certification to allow water usage charges to be billed back to the tenants, giving you back approx $900.00 per year.
As a bonus each unit is individually titled - so they can be sold separately if needed.
There is no strata or other fees to pay as you would be the sole owner of all four units and the land.
The units already have a body corporate set up but it is inactive due to sole ownership which would be included in the sale.
Council rates per unit are approx $1,690 per half year (this includes water service rates)
Current rent per week including management fees =$1,213.65
Yearly return including management fees =$63,109.80
In case you wish to manage the units Current Rent with out management fees =$1,305.00 per week and yearly return with out management fees =$67,860.00
To arrange an inspection time please feel free to contact us, Out of respect for the tenants all inspection time's are Monday to Friday.
Have a great day and thanks for viewing!
