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Home For Sale

Asking Price (AUD): 1,500,000 — Offers Above $1,589,000

Type: Block of Units

Land (sqm): 1147

Bedrooms: 10 Prop-GPT: Bedrooms  Bathrooms: 5 Prop-GPT: Bathrooms  Car parking spaces: 5 Prop-GPT: Car parking spaces


Rare 5-Unit Complex For The Savvy Investor

Opportunities like this don't come along often. This solid brick complex of five spacious 2-bedroom units is perfectly positioned in Kepnock, just a short stroll to the high school and only minutes from major shopping including Woolworths, Aldi, and popular food outlets.

Fully tenanted with long-term residents (5-10 years), the property provides a reliable income stream of $84,240 per annum, set to rise to $88,400 with lease renewals. Outgoings remain modest, with council rates of approx. $11,050 and insurance of $3,779.

Key highlights:
• Five x 2-bedroom, 1-bathroom units with car accommodation
• Solid brick construction, low-maintenance design
• Long-term tenants in place (5-10 years)
• Current gross rent $84,240 p.a., increasing to $88,400 p.a.
• Council rates approx. $11,050 | Insurance approx. $3,779
• Walking distance to Kepnock State High School
• Short drive to Woolworths, Aldi, and dining options
• Previously strata titled - potential to re-strata and sell individually

A rare chance to secure a proven income-producing property today with future value-add potential. Contact Ethan Hyde today to arrange a viewing.

Address

10 Mcveigh Street, Kepnock Queensland 4670, Australia 4670

Kepnock, QLD 4670, QLD

Other Facilities/Amenities: http://raywhitebundaberg.com.au/L35355041





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