50 Bungama Street, Maroochydore, QLD 4558
50 Bungama Street, Maroochydore, QLD 4558
Auction
Located in the growth corridor in between the new Maroochydore Town Centre and Maroochydore Beach these high yielding registered flats represent a great long term investment.
* Flat 1 tenanted @ $235/w
* Flat 2 tenanted @ $240/w
* Flat 3 vacant - with update should return $250/w
There are two small garages at the rear of the 632m2 allotment and any future development of the site could take full advantage of the northerly aspect.
The main building has been re-roofed and while it isn't the prettiest property in the street it has a great holding income while you look towards redevelopment in the future.
While you are in the middle of the new CBD and the Maroochydore Beach, Bungama St is comparatively a quiet residential street that is slowly being transformed with new homes and renovations.
If you are looking for a prime positioned investment property with a low (or no) holding cost this must be top of the list!
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
UNDER CONTRACT (Subject to Contract Conditions)
