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Sold

5 Seventeenth Avenue, Mount Isa

SOLD

6 4 4

Cash cow while you renovate

Just listed for sale is this fantastic opportunity to invest for the future whilst earning an income!

Situated on a 954m2 block are 2 x 2 bedroom duplex's & 2 x 1 bedroom duplex's.
The rear duplex's are fully tenated for a total of $580 /week. Unit 3 is renovated with tiled floors , modern kitchen and bathroom. Unit 4 could do with an update but still renting well. This is a fantastic return for the price!

The duplex ( 2 units ) at the front of the property is where the opportunity lies. Best suited for demolition, at this price you could either re-build or move modular apartments/house onto the block STCA. There is excellent opportunity for recovering previously renovated items eg air conditioning.

2 x 2 bedroom duplex & 2 x 1 bedroom duplex
Carport for each apartment
Currently earning $30,160 for 2 units

Details

Address 5 Seventeenth Avenue, Mount Isa
Price SOLD
Property Type Residential
Property ID 195
Category Unit

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