$236,000

7 Maynard Street, WALKERVALE QLD 4670

5 Bed

2 Bath

2 Car

1487 m²

$236,000

7 Maynard Street, WALKERVALE QLD 4670

5 Bed

2 Bath

2 Car

1487 m²

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WE SOLD!! - RYAN & TEGAN WEEKES

MULTIPLE INCOME RESIDENCE WITH NEAR 9% GROSS YIELD - LARGE 1487SQM LOT WITH DEVELOPMENT POTENTIAL - OWNER WANTS TO QUIT INVESTMENT NOW!

Wow, what an opportunity presents itself here - the investors dream with dual income on a large development block! Whether looking for a near 9% gross yielding property, or would like somewhere to reside with a little additional income, this setup leaves the choice with you.

Containing a large four bedroom residence at the front, which has two separate living areas + a sunroom, a great tenant paying $230 per week. The second residence is a one bedroom space, good tenant paying $175 per week. With the rental market tightening in our region, there is huge potential to increase your yield to make this investment even more attractive! Both residences are separately metered, however you have the convenience of still paying one set of council rates, as it remains on the one title.

A great nest egg for retirement, allow the rental income to service your needs until a possible re-development of the block or simply leave this perfectly good investment do its thing! Positioned right in the heart of Bundaberg, simply 5 minutes to major shopping, schools, sports clubs & a range of health facilities.

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