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  • 1-4/87 MACMILLAN STREET, AYR, QLD 4807

1-4/87 MACMILLAN STREET, Ayr, QLD 4807

  • 8 Bed
  • 4 Bath
  • 4garages

Sold

Sold for $468,000 (Dec 01, 2022)

Solid Investment Opportunity Waiting at Your Door….

We have for one astute Investor this set of 4x2 bedroom block of Units in one of the best locations within the Ayr CBD…. Walking distance to everything on offer in either direction and holding a rent return of $820.00 per week with all four units having long-term tenants in place… Each unit offers spacious living and dining with 2 good sized bedrooms and tidy bathroom and laundry amenities…. Prominent features are listed below..
• The complex comprises of 4 x 2 bedroom Units on one title
• 1,093 sqm block with carport parking at back for one per unit with extra street parking at the front
• Gross return of 7.75% on investment with all currently tenanted
• Potential to renovate the Units and receive a higher rental return
• Perfect location being situated one Street away from the Main Street
• Open plan living areas, functional kitchen and much more…. A great one to add to your Investment portfolio or a great one to start.. Call to arrange your immediate inspection of this solid Unit complex today….

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avatar Carla Healy
Carla Healy
Principal
avatar Carla Healy
Carla Healy
Principal

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Property Info:
  • Property ID: L1058524
  • Property Type:Block of Units
  • Carports:4
  • Land Area:1093 sqm
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We Know Your Area
R&H Suburb Profile: Ayr
R&H Suburb SummaryHouses
Number of sales201
Average Price$290,108
Median Price$255,000
Median Rental Price$350 p.w.
Change in Rental Rate (5yr)33 %
R&H Suburb SummaryUnits
Number of sales18
Average Price$208,056
Median Price$190,000
Median Rental Price$257.5 p.w.
Change in Rental Rate (5yr)23 %
Median Trend - $255,000
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