3 Pioneer Street, Manoora QLD 4870
Sold for $1,746,900
Own the Entire Complex - Block of 6 Townhouses!
Seize the Opportunity – Invest in Success!
Key Features:
– Two buildings, each with 3 units (2×2 bedroom and 1×3 bedroom)
– Two units just completed major renovations, while others have been tastefully updated in recent years
– No body corporate fees for owners of the entire complex
– Strong rental demand with minimal vacancies – almost guaranteed near 100% occupancy
– Current Rental returns for all 6 of approximately $2250 per week, with potential for further increases
– High potential for capital growth in a thriving rental market
With its proximity to popular attractions such as Edge Hill Tavern, Macca’s, Domino’s Pizza and other various takeaway options, Big IGA as well as Omega Medical Centre and Whole Life Pharmacy, tenants enjoy the ultimate convenience of urban living.
All astute investors looking to expand your portfolio or enter the property investment market will appreciate this lucrative opportunity, this block of townhouses promises exceptional returns and long-term growth potential.
Investment Highlights:
– Hands-off investment with reliable rental income
– Potential for increased rental returns in line with recent market trends
– Secure investment with low vacancy rates and high tenant demand
– Well-maintained buildings with fresh renovations
Don’t miss out on this rare opportunity to own a profitable complex in a thriving rental market. Contact us today to arrange a viewing and make your offer before it’s gone!
These units are strata titled so we will look at Expressions of Interest for the purchase of individual units as well.
PLEASE NOTE: 2 units are currently vacant & have just been fully renovated.
Property ID: 1314004
Contact Agents
Professionals Cairns - Edge Hill
120 Collins Avenue, Edge Hill QLD 4870 | Phone 07 4037 9379