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LJ Hooker Queanbeyan - Jerrabomberra - Googong is delighted to present for sale this rare opportunity to secure an entire complex of 7 units.
Located in a prime location only 2 blocks from centre of Queanbeyan and extremely close by to the Queanbeyan River.
Neat double storey complex on single title comprising of 6 x 2 bedroom units and 1 x studio along with shared laundry facilities, 2 x store rooms and allocated car space/carports.
All units occupied and fully tenanted by long term tenants and all but one lease are held with a NSW Government Department.
Level parcel of land comprising 1,043m? in total with potential for future strata subdivision an option, subject to Q.P.R.C approval.
Unit 1 - 2 bedroom leased at $330 per week
Unit 2 - 2 bedroom leased at $300 per week (Increase to $330 per week)
Unit 3 - 2 bedroom leased at $300 per week (Increase to $330 per week)
Unit 4 - 2 bedroom leased at $300 per week (Increase to $330 per week)
Unit 5 - 2 bedroom leased at $300 per week (Increase to $330 per week)
Unit 6 - 2 bedroom leased at $300 per week (Increase to $330 per week)
Unit 7 - Studio leased at $150 per week (Increase to $200 per week)
Gross annual rental income = $103,221 ($113,960 at increased rents)
Estimated annual expenses = $30,907
Estimated nett annual income = $72,314 ($8,2453 at increased rents)
NO BODY CORPORATE FEES
Estimated nett yield 4.38% (4.99% at increased rents)
Ideal for Self Managed Super Fund or astute investor.
The Blockofunits at 3 Carinya Street QUEANBEYAN, NSW 2620 has been sold 1 time before, with the most recent sale being for $1,050,000 on 15 March 2018.
3 Carinya Street QUEANBEYAN, NSW 2620 has 8 schools within 5 kilometres, with the closest being St Gregory's Primary School.
|0.50 km||St Gregory's Primary School||57 Lowe Street, Queanbeyan 2620|
|0.52 km||St Gregory's Primary School||MacQuoid St, Queanbeyan 2620|
|0.93 km||Queanbeyan Public School||Isabella St, Queanbeyan 2620|
|0.94 km||Queanbeyan East Public School||Yass St, Queanbeyan 2620|
|1.55 km||Queanbeyan High School||Agnes Ave, Queanbeyan 2620|
|1.91 km||Queanbeyan West Public School||Morton St, Queanbeyan 2620|
|1.98 km||Queanbeyan South Public School||Cameron Rd, Queanbeyan 2620|
|2.10 km||Karabar High School||Donald Rd, Queanbeyan 2620|
3 Carinya Street is located within the suburb of Queanbeyan, which has a population of 6,237, a median age of 37 and an average household density of 2 people.