4 UNIT COMPLEX IN HIGH DEMAND AREA

€476,945

13 Illuka St, Currajong QLD 4812, Australia, 13 Illuka Street

Block of rented apartments • 7 room(s) • 7 Bed. • 4 Bath. • Ref: 7051538

Davison @realty is proud to present this outstanding 4 Unit complex on one title which consists of 3 two-bedroom units & 1 one-bedroom unit. This complex is positioned on a 597 sqm allotment with separate lockup garages for all tenants. A sound investment for an astute buyer with a current combined gross yearly income of $55,120 with the potential to increase the rental return to market value of $60,320. All units have long-term tenants secured. Located in a popular suburb of Townsville with Otto’s marketplace Cafe precinct, cinemas, ice skating rink & public transport only a stroll away. All units feature - Air-conditioning & fans - Cool tiles throughout - Private patios - Freshly painted exterior of building - New driveway to garages - 597 sqm allotment - No Body Corp fees (1 Title) - Fully tenanted - 597sqm allotment - Eatery precinct opposite - Gross annual income of $55,120 ( potential increase $60,320 ) - Flood free location For an inspection, please contact Grant from Davison @realty on 0413 984 703