A$ 1,395,000
Condo, Picnic Bay, Queensland
11 bed · 6 bath · 772 m²
Fantastic investment opportunity to own 5 individually titled modern fully renovated units on beautiful Magnetic Island. There are 4 x 2 bedroom units and 1 x 3 bedroom unit. Think of the possibilities - holiday letting, permanent rentals, reselling individually, living in one and rent the rest. Long-term letting currently returning $1520 per week approx. The property is only a few hundred meters from the beach in a quiet location with natural surrounds. Don't miss out on this chance to create a substantial property portfolio with excellent income potential and well below replacement cost.…
Listed by REA Group