This traditional Queenslander has been reconfigured into 4 x 2 bed and 1 bath units that provide a steady and substantial income for the owners. Located only minutes into town and the iconic Esplanade, this area is popular all the time and with vacancy rates below 1%, guarantees that income can be maximised. Each unit features 2 bedrooms with new split system air conditioning, a full-sized kitchen, bathroom and sitting room. The ground floor units have their own patio, while the top floor units have a full-length veranda at the front of the house and a shared deck at the back. With town and the major shopping centre only a few blocks away, there is scope to improve some aspects of the units and building to increase the value of the property. The numbers that matter: - BC fees NIL - Current Rental Income $81,120pa - Council rates approx. $5,400pa - Building insurance approx. $2400pa