34 Waghorn Street, IPSWICH QLD 4305
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- 15 Nov 2016
Investor Alert CBD Units
- $49,920 return per annum
- 4 x Registered Flats
- Zoned: Character Housing Mixed Use (Denmark Hill Lower Slopes)
- 650 metres from the GPO
- 850 metres to the transit hub
- 850 metres to Ipswich General Hospital
- 500 metres to the Ipswich Police Station and Court House
- Consistent Returns
Located on the city fringe with all flats refurbished in the last 5 years, these flats are very attractive as rentals and constantly in demand. The property is a house conversion to flats many years ago and has seen consistent returns over the years for the current Owners.
It's now time for them to retire so they are selling this asset.
Four flats in total currently returning $960 per week or $49,920 per annum.
The current tenant mix is stable; inspections will require a minimum of 24 hours notice.
Flat 1 - 2 bedroom currently returning $270 per week, leased until 12/01/2017, inaugural lease start date 13/07/2015.
Flat 2 - 1 bedroom currently returning $230 per week, leased until 02/12/2016, inaugural lease start date 03/06/2016.
Flat 3 - 2 bedroom currently returning $230 per week, leased until 18/01/2017, inaugural lease start date 19/12/2014.
Flat 4 - 1 Bedroom currently returning $230 per week, leased until 22/11/2016, inaugural lease start date 23/05/2016.
Property Code: 1548
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
34 Waghorn Street IPSWICH