$580,000 Showing Gross Returns >8.5%

9 May St, Cooktown, QLD 4895


Block Solid Triplex Investment

Central to the hospital and schools, this well-maintained solid masonry block triplex is an investment opportunity not to be overlooked. The low maintenance triplex consists of 1 x 2 bedroom unit and 2 x 1 bedroom units complemented by the easy care gardens. Each unit has a single carport and private outdoor area, and all are fully security screened and airconditioned. All 3 units are on long-term leases to a quality Govt. department and show excellent gross returns better than 8.5%. Features: 1,012m2 property convenient to hospital and schools; Low maintenance masonry block construction; Spacious open plan design; Concrete driveway to all units; Easy care gardens; Separate water meters for each unit.

Property Code: 8

PROPERTY FEATURES

  • Air Conditioning

LOCAL SCHOOLS

NEARBY PROPERTIES

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