Port Douglas / Mossman
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  • 18 Wattle Street, MOSSMAN, QLD 4873

18 Wattle Street, Mossman, QLD 4873

  • 8 Bed
  • 4 Bath
  • 4garages

Sold

Sold for $720,000 (Jul 21, 2023)

Freehold 4 Unit Complex - approx. 7% returns!

Investors take note! This tidy complex of four x 2-bedroom, 1-bathroom units have enjoyed a complete refurbishment & a whole new roof so all you need to do is sit back & enjoy the returns... The unique floorplan means that each unit has a slightly different floorplan, however all enjoy large bedrooms, an open plan kitchen/living room, undercover carport & a communal backyard. The property is very low maintenance & a great little earner. Excellent, reliable tenants in each unit, totalling $1,290 per week. This is a freehold property which means ZERO BODY CORPORATE fees & the very low-outgoings mean EXCELLENT RETURNS for the lucky new owner. Don't miss this, enquire today. In brief:
- 4 x two bedroom units
- Very solidly brick construction with rendered brick walls internally
- New flooring throughout all four units
- New kitchens in all four units
- New roof on entire building
- Each unit has its own laundry area / mudroom
- Each unit has an undercover carport
- Council Rates approx. $8,600 per annum Rental breakdown: Unit 1: $320/wk (lease expires 03.04.24) Unit 2: $300/wk (lease expires 30.01.24) Unit 3: $320/wk (periodic lease) Unit 4: $350/wk (lease expires 22.03.24) Crunch the numbers
- this property is a golden goose!

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avatar Charlie Madgwick
Charlie Madgwick
Sales Representative

Got a property to sell? Contact us for a free Request Appraisal

Property Info:
  • Property ID: L21988612
  • Property Type:Block of Units
  • Carports:4
  • Land Area:837 sqm

We Know Your Area

R&H Suburb Profile: Mossman
R&H Suburb SummaryHouses
Number of sales39
Average Price$439,399
Median Price$472,500
Median Rental Price$530 p.w.
Change in Rental Rate (5yr)54 %
Median Trend - $472,500

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