Description: Solid yields, capital growth potential and low maintenance are attributes that investors continually seek but rarely find in combination when looking to acquire quality property to add to their portfolio.
20 Byron Street, Mackay does however meet all these expectations and therefore will most certainly prove to be a stand out acquisition.
Featuring:
- Four, two bedroom units (brick construction & tiled roof)
- All recently renovated to a high standard
- Future development potential for up to two units
- Single title
- Land area of 1177sqm
- Fully tenanted
- Annualised gross rental $62,900.00
- Rates $4,500.00 per half year
- Insurance $1,980.00 per annum
The Mackay economy is on the move with employment growth, an improving property market, low rental vacancy rates and the recent Qantas announcement all contributing to ongoing improvement in rental returns.
The opportunity to secure quality investment property within walking distance of the CBD, schools, supermarkets, medical and parks does not come along that often - call Greg Smith today to discuss this fabulous opportunity.
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