1/8 Grant Street, MACKAY QLD 4740

Offers over $279,000

211
96

squareMeter

INVESTOR OUT, INVESTOR IN!

CENTRALLY LOCATED IN THE HEART OF MACKAY’S CBD, ONE OF THE MOST APPEALING LOCATIONS IN THE COUNTRY FOR THE SAVVY INVESTOR, TO KICK OFF OR ADD TO YOUR PORTFOLIO…

Offering generous tiled living/dining space, a galley kitchen and modern, 2-way bathroom with conveniently separate toilet. Central laundry and linen storage. Both queen sized bedrooms are carpeted and include built-in robes. Ceiling fans and air conditioning throughout.

Situated at the front of a well maintained 3 unit complex built in 1998, in a quiet, no-through street. 96sqm of building and a private, fully fenced courtyard around 2 sides. Single lock-up garage and off-street parking, as well as a lockable storage nook for the garden gear.

Occupied by excellent long-term tenants who very much want to stay on, the current lease is $375/week until March 2025. Under new Queensland legislation the property is not eligible for a rent increase until the end of the current term, however present market conditions suggest it has a potential to increase to $420/week.

Body Corp and Council Rates will be provided upon request, and a video walk-through is available.

Do not delay in making your enquiry, this one will not be on the market long!

*** PLEASE NOTE *** DUE TO THE OVERWHELMING AMOUNT OF ENQUIRY FOR THIS PROPERTY, OFFER SUBMISSIONS WILL BE CLOSING FRIDAY 23/8/24 AT 10:00am ***

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