152 Toolara Road Tin Can Bay, QLD 4580, Australia
The Condominium/Co-Op for Sale located at 152 Toolara Road Tin Can Bay QLD 4580 Australia with 11 bedrooms, 5 bathrooms is currently for Sale, 152 Toolara Road Tin Can Bay QLD 4580 Australia is listed for SALE BY TENDER. If the property located at 152 Toolara Road Tin Can Bay QLD 4580 Australia isn't what you're looking for, search Australia Real Estate to see other Homes for Sale in Tin Can Bay .
MLS#: 594439
SALE BY TENDER
- Type
- Apartment
- Bedrooms
- 11
- Bathrooms
- 5
Property features
Other features
- Garages
- 2
Area
- Land/Lot size
- 1,873m²
- Bedrooms
- 11
- Bathrooms
- 5
- Total rooms
- 16
Description
Discover this exceptional multi-income property located at 152 Toolara Road, Tin Can Bay. This rare offering is perfectly situated across from the foreshore, providing stunning water views and endless appeal for both residents and business. With five tenanted residential units and a commercial shop space, this property presents an outstanding opportunity for savvy investors seeking high returns and long-term growth.
Property Highlights:
Five Residential Units
- Four Units: Two bedrooms, one bathroom each
- One Unit: Three bedrooms, one bathroom
- All units are fully tenanted, generating a solid rental return of $70,844 per annum
Commercial Space
- One vacant shop space with potential annual rental income of $48,000
- Excellent opportunity for an owner-occupier or additional tenant to maximize returns
Prime Location
- Across from the Tin Can Bay foreshore, offering desirable water views
- Access to scenic walking paths and all the natural beauty this coastal town has to offer
Income Potential
- Combined income potential of over $110,000 per annum when fully tenanted, an opportunity exists for further expansion as there is plenty of land to utilize.
For Sale by Tender – this versatile, income-generating property won't last long. Contact Paul Downman on 0407 181 404 today to secure this unique Tin Can Bay investment.
TENDER CLOSES BY 4PM FRIDAY 6TH DECEMBER 2024.