6 William Street, Mossman, Queensland, 4873

  • 8
  • 4
  • 8

For sale

$550000

Amazing rental returns could be yours!

Attention investors & landlords – here is a prime investment opportunity for you.

4 × 2-bedroom units in the heart of Mossman, currently rented out for between $250-280/week.

2019 – Recent renovations include replaced guttering & downpipes, verandahs, balconies & stairwell flooring repainted. Complete refurbishment of Unit 2 including repainting, new flooring, new light fittings, fans, oven & toilet. Unit 3 has also received a revamp with new vinyl plank flooring, repaint & new toilet.

Set on 730m2, located directly opposite the Mossman State School and only 100m from Front Street, this property is an easy walk to all the shops, cafes & services of Mossman.

The solid construction is one of the stand out features of the property along with the retro style architecture with high ceilings which allows maximum air-flow. There is a lot of potential in renovating and increasing the value of the property. There are two apartments located on the first floor and the top floor apartments are accessible via the internal stair case.

Summary

Current total rental income $1,080 per week = $56,160 per annum @ 100% occupancy

Less Council Rates: $7,200 approx

*
Nett Income = $48,960 approx

Property Info:

  • Property ID: L461496
  • Property Type: Unit
  • Garages: 8
  • Land Area: 730.0 sqm

We Know Your Area

R&H Suburb Profile: Mossman

R&H Suburb Summary Houses
Number of sales 29
Average Price $362,231
Median Price $365,000
Median Rental Price $350 p.w.
Change in Rental Rate (5yr) 6 %
R&H Suburb Summary Units
Number of sales 1
Average Price $380,000
Median Rental Price $260 p.w.
Change in Rental Rate (5yr) 25 %
Mossman, QLD - Median Trend
  • 6 William Street, Mossman,
    Queensland, 4873