5 Nonda Close Weipa QLD 4874
- 250 m²
- For Sale, Contact Agent
Rare Investment Opportunity
Looking for a return on a property with limited upkeep? Low maintenance and practical design make this property ideal for investors.
Weipa is a mining town located approximately 650 km north of Cairns. The population is made up largely of mining employees and their families, government workers and support people for its Bauxite and Kaolin operations. Weipa has the largest Bauxite deposit in the world. Fishing enthusiasts flock to Weipa because of its terrific coastal location and abundant marine life.
Amenities consist of hospital, dentist, private medical centre and pharmacy, supermarket, post office, newsagency, specialty shops, bakery, butcher, cafe and 4WD and fishing tackle supply stores. There is also a Centrelink office located at the shopping centre. The town's two service stations also have a selection of fresh fruit and vegetables, ice and grocery items.
Demand for rental properties in the area remains strong due to the limited supply.
Income $34,000 per annum
1,302 sqm allotment
Knight Frank Cairns is an independently owned office within the Knight Frank global network, servicing Far North Queensland in all its commercial property requirements.
Knight Frank Cairns has been successfully operating for 29 years and incorporates three departments into the one office: a vastly experienced Valuation department, a high-level Investment and Facilities Management division, and a Commercial Sales and Leasing department.
Knight Frank Cairns is able to provide a more accurate assessment of the local property market due to the combination of services which it offers, combined with the commitment of a team of highly professional, experienced staff who are supported by state-of-the-art research, technological and administrative resources.
|Floor Area||250 m²|
|Land Area||1,302 m²|
|Building Type||Whole building|
|Annual Return||Ask Agent|
|Last updated||29 Jul 2019|