$835,000
6 Bed • 3 Bath • 3 Car • 630m²
New
Sold
Sold
123 Oleander Street, Holloways Beach QLD 4878
$835,000
- 6Bed
- 3Bath
- 3 Car
- 630m²
Semi-detached Sold on Mon 5 Dec, 2022
What's around Oleander Street
Semi-detached description
“SOLD BY FIRST NATIONAL REAL ESTATE CAIRNS CENTRAL AND CAIRNS BEACHES”
Every now and then a property comes along that just makes sense. Located just one street back from beautiful Holloways Beach is this triplex that is all on one title. That’s right - a triplex with no BC fees. Rare as rocking horse poop.
Featuring three x 2 bedroom and 1 bathroom units on ground level, all units have spacious private patios to the front and rear and have their own carports. There is a convenient walkway to access the rear units.
The units themselves have main living areas that are air conditioned and these are large enough to cool the entire apartment.
With varying degrees of improvements there is scope to upgrade the units to increase the rental return. Currently fully leased with tenancies set to end early in 2023, our Property Management team estimate that the units will return approx. $350pw each in the current condition. With some upgrades estimted rent would be around $400pw
The numbers that matter:
Current income $43,160
Estimated Income as is $54,600
Estimated income with improvements $62,400
Council Rates approx $8k
BC fees NIL
Property features
In-Ground Pool
Land details
What's around Oleander Street
Contact the real estate agent
Shane Dennis
First National Real Estate - Cairns Central
Send an enquiry
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