49 Front Street, Mossman, QLD 4873
- 8
- 4
- 4
Sold
Sold for $725,000 on 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.
Travis Schumacher
Director/Licensee
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L21679653
- Property Type:Block of Units
- Open Parking:4
- Land Area:2125 sqm
We Know Your Area
R&H Suburb Profile: Mossman
R&H Suburb Summary | Houses |
---|---|
Number of sales | 21 |
Average Price | $464,286 |
Median Price | $440,000 |
Median Rental Price | $490 p.w. |
Change in Rental Rate (5yr) | 40 % |
Median Trend - $440,000
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