Incredible opportunity for astute buyers positioned on a 991m2 block of land in the heart of Nelly Bay on tropical Magnetic Island
Fully tenanted, currently rented to good long-term tenants
The front unit presently set up as lounge with kitchenette 1-bedroom, 2 bathrooms and has a tenant on a periodical lease returning $210 per week.
The back unit has a kitchen, 1 bedroom and lounge/bedroom with 2 bathrooms
Shared by two tenants on a periodical lease retuning $220 per week.
Other options with the property are to live in one and rent the other, Airbnb or convert back to a home. The units are in a good location providing the ultimate lifestyle choice with title to both units and no Body Corporate fees.
Nestled in a quiet leafy area a stone's throw to the primary school and walking distance to supermarkets, chemist & medical clinic. Also close by, a good selection of restaurants and a wine bar and not to forget the Nelly Bay parkland, beach and the boat ramp all within easy access. The ferry terminal is also within 800 meters where a ferry trip is a relaxing 20 minute trip to Townsville on the mainland.
For more information on this solid investment with excellent rental return
Call MaryAnne today.