Triplex Investment plus - big returns, beachisde location, potential plus!
Rarely do you see property returns breaking the 5% mark in residential property. This one reaches 6.5% gross with ease. If that isn’t enough consider this – 3 units all very comfortable, and always performing at 0% vacancy largely due to the beachside location and modest rent. As a crow flies you are 220 metres to the sand at Nobby Beach. If you aren’t a crow walk 320 metres via north Burleigh.
The block presents with 3 well maintained and very similar 2 bedroom units. All have polished wood floors and resound with the effervescence of the Miami beach lifestyle. The block even has a fourth studio apartment or visitors den.
2 single garages are also roadside, ensuring the site coverage currently fronts right up to the boundary and offering future redevelopment precedence.
Call with any inquiries to discuss and schedule an inspection or follow this link to email after hours.