$1,299,000

14 Bed  •  8 Bath  •  0 Car  •  1294m²

Main view of Homely block of units listing, 9 Mcilwraith Street, Ingham QLD 4850
Second view of Homely block of units listing, 9 Mcilwraith Street, Ingham QLD 4850
Third view of Homely block of units listing, 9 Mcilwraith Street, Ingham QLD 4850
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9 Mcilwraith Street, Ingham QLD 4850

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$1,299,000

  • 14
  • 8
  • 0
  • 1294m²

Block of Units for sale

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Block of Units description

“Attention Investors: 9.2% ROI* Cash Cow !!!”

Ray White Ingham is proud to offer a lucrative investment opportunity with this collection of 8 units, each featuring larger-than-average room sizes and situated in a strategic location for robust cash flow.

Investment Highlights:

9.2% Gross Return
Current Rent: $2,300 per week, offering scope for enhancement
Annual Gross Income: $119,600
Fixed-term Leases

Key Features of the Property:

Property size: 1,294 sqm (approx 700sqm under roof)
Comprises 6 x 2-bedroom units and 2 x 1-bedroom units
Spacious open plan living areas
Beautiful polished timber flooring
Constructed on a sturdy block foundation

Situated in a prime area, conveniently close to essential local amenities such as schools, the town CBD, showgrounds, and churches, and directly across from the Ingham General Hospital.

Recent updates include modernized kitchens, bathrooms, air conditioning, and appliances in some units.

This exceptional property is ideal for investors seeking substantial returns in a strategically advantageous location. Opportunities of this caliber are rare and highly sought after.

For more information or to schedule a viewing, please contact Marie Hubert at 0448 347 722.

#Property outline indicative only.

Land details

Area: 1294m²

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Fifth view of Homely block of units listing, 9 Mcilwraith Street, Ingham QLD 4850View more

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9 Mcilwraith Street, Ingham QLD 4850
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