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Overview
Rare Investment with Multiple Units
This property represents a rare and exciting investment opportunity located at 13 Adams Street, Queanbeyan. It is a block of multiple units positioned in a convenient and well-established area, offering an outstanding chance for investors seeking strong rental appeal and long-term growth potential.
The property comprises multiple residences on a single title, providing flexibility and consistent income potential in a high-demand location. It is conveniently situated close to local shops, schools, public transport, and just moments from the Queanbeyan CBD, ensuring tenants enjoy excellent accessibility and lifestyle benefits.
This investment is ideal for those looking to expand their portfolio, secure a multi-income investment, or explore future development potential. The property is not to be missed for its promising returns and strategic location.
Key features include:
- Five bedroom units
- Two units with car accommodations
- Each unit equipped with a gas bayonet
- Each unit includes a cooktop and oven
- Currently generating a rental income of $91,780 per annum
Rental income breakdown:
- Unit 1: $340 per week, equating to $17,680 per annum
- Unit 2: $345 per week, equating to $17,940 per annum
- Unit 3: $380 per week, equating to $19,760 per annum
- Unit 4: $360 per week, equating to $18,720 per annum
- Unit 5: $340 per week, equating to $17,680 per annum
The total rental income for the block is approximately $91,780 per annum, reflecting the strong demand and income stability of this investment.
Prospective purchasers are advised to conduct their own enquiries as the information provided is believed to be accurate but is not guaranteed. The vendors and agents disclaim any liability for errors or discrepancies.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Queanbeyan NSW 2620
Market Insights for Queanbeyan NSW 2620
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
