Now here’s an investment to get excited about! Located right on the fabulous Newell Beach which is a very popular lifestyle place to live, this solid block of units are strata titled but there are no body corporate levies. There is a potential to sell the units individually or redevelop the whole block.
All 5 units are currently tenanted and, combined, return $1180 gross per week. Locally managed by Raine & Horne Mossman/Port Douglas.
- 4 × 2 bedroom units
- 1 × 3 bedroom unit
- Solid brick building
- Cement in-ground pool
- Undercover parking at rear
- Good sized 1012m2 level allotment (20m beach frontage x 50m depth)
- Newell Beach is approximately 5 minutes north of Mossman & 25 minutes north of Port Douglas
- Redevelopment potential in the future.
|R&H Suburb Summary||Houses|
|Number of sales||6|
|Median Rental Price||$375 p.w.|
|Change in Rental Rate (5yr)||18 %|
|R&H Suburb Summary||Units|
|Number of sales||0|
Mossman State School
|30-34 Front Street Mossman QLD 4873||Primary||Government||5.07 km|
Mossman State High School
|46-62 Front Street Mossman QLD 4873||Secondary||Government||5.24 km|
Miallo State School
|Miallo Bamboo Creek Road Miallo QLD 4873||Primary||Government||5.42 km|
St Augustine's School
|24-42 Grogan Street Mossman QLD 4873||Primary||Non-Government||5.46 km|
Wonga Beach State School
|48-74 Snapper Island Drive Wonga Beach QLD 4873||Primary||Government||9.67 km|
"Distance" is a straight line calculation. Please contact your desired school to establish it's catchment area.