RIGHT IN THE HEART of Mossman township, this property is zoned LOW MEDIUM DENSITY and presents this unique investment opportunity to relocate the existing houses and build units to maximise the income potential of the entire block. At the moment, there are 2 houses currently on the block, both rented and have an income of $740 per week gross in total. Maybe you want to live in one and keep renting out the other house; maybe you don’t want to do anything right away, the choice is yours.
HOUSE A:
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 33 |
Average Price | $461,636 |
Median Price | $443,000 |
Median Rental Price | $530 p.w. |
Change in Rental Rate (5yr) | 51 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 3 |
Average Price | $538,000 |
Median Rental Price | $340 p.w. |
Change in Rental Rate (5yr) | 33 % |
1 Bow Street, Mossman,
Queensland, 4873