Port Douglas / Mossman
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  • 49 Front Street, MOSSMAN, QLD 4873

49 Front Street, Mossman, QLD 4873

  • 8 Bed
  • 4 Bath
  • 4garages

Sold

Sold for $725,000 (Aug 11, 2023)

IMPRESSIVE BLOCK OF 4 UNITS

Located in the centre of Mossman, this impressive solid brick building consists of 4 x 2 bedroom 1 bathroom units: each with their own separate entry patio or balcony. Well maintained and always tenanted, this property presents steady income as an investment. With over 2,000 sq metres of land here, there is also the potential to build more units adding to the value of the property. The existing building in situated at the front of this block so there would be plenty of room to expand or build more units. FEATURES: - * Located in central Mossman * Across from State High School * Walking distance to Woolworths, Hospital, Bowls Club, Cafes, Newsagent and Pharmacy * Fully fenced & share clothesline * Commercial zoning * 2,125 sq metres land * Main street location * Off street undercover parking * All units are consistently leased * Smoke alarms compliant * Unfurnished * One title
- no body corporate levies * Potential to build more units or residence * Council Rates $ 8,900 per year (Approx) * Council Water $1,800 per year (Approx) * Currently all four units are leased at $1,220.00 per week gross * EOFY statements on request Whether it's your first investment or your fifth, this property's location and street appeal will make any landlord very happy. Call Travis to arrange an inspection and to obtain any further information.

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avatar Travis Schumacher
Travis Schumacher
Director/Licensee

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Property Info:
  • Property ID: L21679653
  • Property Type:Block of Units
  • Open Parking:4
  • Land Area:2125 sqm
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R&H Suburb Profile: Mossman
R&H Suburb SummaryHouses
Number of sales27
Average Price$498,391
Median Price$480,000
Median Rental Price$515 p.w.
Change in Rental Rate (5yr)47 %
Median Trend - $480,000
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