1&2/19 Bower Street, Caloundra, Qld 4551

Duplex Pair - Development Block - Great Investment

$1,150,000

Description

Phone Enquiry ID: 225065

LOCATION LOCATION LOCATION

Duplex pair on one title with great rental appeal.
810m2 block MEDIUM ZONE RESIDENTIAL (can build to 15 metres, subject to approval)
Great investment to hold and develop later - perfect for land banking!
High rent return of $1114.00 week
Long term government lease in place, with rent paid monthly in advance, therefore, no management or realestate fees to be paid.
No strata/ body corp to be paid
One Title - one lot of rates

Low Maintenance solid Besser block construction
- Unit 1 - Living and dining (air-conditioned) with separate kitchen. 2 Double sized bedrooms and one bathroom. Carport
- Unit 2 - Spacious open plan living and dining, 3 bedrooms (2 Double sized bedrooms and one single), bathroom, lock up garage, spacious deck area.

Central Caloundra location, Walking distance to beach, schools, shops and sports.

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