Sold

51 Burke St, Cloncurry

SOLD for $535,500

7 4 5 1,012m2

Fantastic Investment Opportunity – 4-Unit Complex with Over 11% ROI!

 

This well-maintained complex of four units offers an excellent investment opportunity with strong returns and long-term potential. Set on a generous 1,012m² block at the quiet end of town, this tidy complex includes three 2-bedroom units and one spacious studio apartment, all fully furnished and ready for tenants.

Each of the two-bedroom units features a well-sized kitchen, open living area with split-system air conditioning, and two comfortable bedrooms complete with wardrobes and air conditioning. Parking is conveniently located right beside each unit.

The studio apartment offers a large open-plan layout with a full kitchen, modern bathroom, and a double carport, making it ideal for singles or couples.

A shared laundry facility services all four units, ensuring low-maintenance operation for both tenants and owners.

Currently showing a solid 11% return on investment, with the potential to exceed 12% upon lease renewals, this quiet complex is the perfect choice for the savvy investor looking for immediate returns and steady income growth.

Quiet location, solid income, excellent value — opportunities like this don’t last!

Call Amanda Corbett 0407 675 434 or John Tully 0429 029 289 today!

 

Details

Address 51 Burke St, Cloncurry
Price SOLD for $535,500
Property Type Residential
Property ID 5570
Category Unit
Land Area 1,012m2

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