Block of Units Auction - QLD - Bucasia - 4750 - EXCELLENT RETURNS - INVESTORS, THIS ONE WON'T LAST LONG! (Image 2)

2-4 Steen Avenue Bucasia QLD 4750

Auction Offers by Expressions of Interest Prior to Auction

16th August 2024 1:00pm

11 7 7

Property Type Block of Units
Land area approx 1338sqm
Floor area approx 560sqm
Region Mackay-Isaac-Whitsunday
Locality Mackay
Uncovered Carspaces 7

Tags: Oceanfront Income Lifestyle

EXCELLENT RETURNS - INVESTORS, THIS ONE WON'T LAST LONG!

Introducing an exceptional investment opportunity at 2-4 Steen Avenue, Bucasia. This well-maintained block of lowset brick units presents a unique chance to acquire a diversified property portfolio under one title.

The property boasts a collective of 11 bedrooms and 7 bathrooms across a sizable 1338 square metre plot, perfectly suited to cater to a variety of tenants. The accommodation mix is composed of a 3 bedroom residence, two 2 bedroom residences, two 1 bedroom residences, and two self-contained studio residences, along with a shared laundry facility, ensuring broad appeal to potential renters.

Each of the seven units has been completely refurbished to a high standard, with a selection being partly furnished, fully furnished, and some left unfurnished, providing the new landlord with the flexibility to cater to market demands and expected rental income approx. $140,000 pa.

Located just a stone's throw from the picturesque Bucasia Esplanade, tenants can enjoy morning and evening strolls along the beach and the convenience of being seconds away from one of Mackay's favourite dining spots, the 'Beachfront Bar & Restaurant'. Local shops such as your local IGA, amenities, public transport links, schools and prime fishing spots and a boat ramp only a short drive away, this property offers an enviable lifestyle that is sure to attract steady rental interest.

Parking is amply provided with seven dedicated spaces, and the excellent return on investment makes this a compelling proposition for any astute investor looking to expand their property portfolio.

Don't miss out on this incredible opportunity to invest in a robust real estate offering, where the convenience of location and the quality of living come together to provide an investment that is as sound as it is attractive.

Call Belair Goodrick 0481 275 202 or Greg Chappell 0408 775 810 to book an inspection!