51-53 Albert Street
St George QLD 4487
- 4 Bed
- 2 Bath
- 3 Parks
$250,000
Excellent Investment Opportunity – Two Units Generating $440/week Combined Rent
Two Highset Units for Sale – Great Investment OpportunityAvailable for purchase as one, these two highset 2-bedroom units are situated on a single title, providing an excellent opportunity for investors or multi-generational living.
Unit 1 (Rear):
- Recently renovated kitchen and bathroom
- 2 bedrooms plus a sunroom/office space
- Two AC units
- Currently tenanted, bringing in $230 per week
- Fixed term lease until May 2025
Unit 2 (Front):
- 2 bedrooms with an open-plan kitchen
- One AC unit
- Offers great potential for updating
- Currently tenanted, bringing in $210 per week
- Fixed term lease until May 2025
Rates: $2,122.11 per 6 months (for the period 01/07/2024 to 31/12/2024)
This is a rare opportunity to secure two well-positioned highset units on one title, offering an excellent rental income and future potential. With long-term tenants already in place, these units present a solid investment, while the spacious 4047m² block provides ample room for future improvements or development. Whether you're an investor seeking reliable returns or a family looking for multi-generational living. Don't miss out on this great investment opportunity!
Features
General Features
- Property Type: House
- Bedrooms: 4
- Bathrooms: 2
- Land Size: 4,047sqm
Indoor Features
- Toilets: 2
Outdoor Features
- Garage Spaces: 1
- Carports: 2
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Elders Real Estate St George
Enquire about 51-53 Albert Street, St George, QLD, 4487