9 May Street Cooktown QLD 4895
For Sale $850,000.00 Negotiable
- Property Type Block of Units
- Land area approx 1012sqm
- Region Far North Queensland and Torres Strait
- Locality Cook
- Carports 3
- Uncovered Carspaces 2
High Yield Investment Opportunity
Welcome to 9 May Street, Cooktown – A Triplex generating $1,340 a week, ($5,360 a month) making it an unmissable investment opportunity in Cooktown.
PROPERTY FEATURES:
High-Yield Investment – Strong rental returns with all three units leased to a government department.
Versatile Layout – 1 x 2-bedroom unit & 2 x 1-bedroom units, each with open-plan designs.
Tenant Comfort & Security – Air-conditioning, built-in wardrobes, security screens & private outdoor areas and more.
Convenient Parking – Single carports for each unit via a concrete driveway.
Low-Maintenance Construction – Durable masonry block build with easy-care gardens.
With the Cooktown Hospital expansion and other government departments growing, this is a rare investment opportunity.
A new lease has been negotiated and the Health Department (current tenants) will be renewing their lease for another 12 months with the option to of another 12 month extension.
Contact your local agent today to arrange a private inspection.
Ariah 0407 138 016
sales@cooktownrealestate.com
Property Features
- Air Conditioning
- Built In Wardrobes
- Courtyard
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Ariah BoltonCooktown Real Estate