Ingham, QLD 4850
Type of Property: Unit Block
Reason for Purchase: Investment Property
Address: 5 Mcllwraith St, Ingham QLD 4850
A time poor client came to Cohen Handler wanting to build their investment portfolio, their criteria included achieving a 10%+ net yield. The property our Buyer’s Agent Jordan Navybox purchased for the client was a block of eight units, with an estimated yield of 15.5% – the client was thrilled with the service and the result that Jordan provided.
About The Property:
- Two storey block of 8, 2 bedroom partly refurbished flats situated on a large 1998m2 allotment within 600 metres of primary and secondary schools, aquatic centre, dental surgery, hospital (just walk across the road) and showgrounds
- When fully tenanted, has the possibility to net a gross income of about $1,130.00 pw, which equates to a gross return of 13.7%