- Commercial Farming
Awesome 5.37% Investment, Beachside Flats Making $56,000/Year
Commercial Farming - Redcliffe Qld
Secure your future now, with this must-see opportunity for the well financed investor or super fund. Total weekly income of $1,085 or $56,420 per year representing a 5.37% return. Opportunity’s to renovate and increase rent, or even redevelop within the same building footprint with a new block of flats. Also 6 story unit development options. The owner has had advice the site would accommodate a 20-unit building.
– 5 Registered Flats
– 708m block zoned for 6 story unit development.
– 3km to the new train station
– 175m to shopping centre
– 350m to beaches
Unit 1 $225 /week
Unit 2 $225 /week
Unit 3 $225 /week
Unit 4 $205 /week
Unit 5 $205 /week
Council rates $1,903 per quarter
Water rates $1,643 per quarter
We do not expect a rare opportunity in such a location to last. Be Quick!