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35 North Arm Yandina Creek Road
North Arm QLD 4561
35 North Arm Yandina Creek Road
North Arm QLD 4561
35 North Arm Yandina Creek Road, North Arm QLD 4561
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First time offered by long term owners of 40 years, this 1.1 hectare allotment houses 14 streams of income on fixed term tenancies! All situated on one title, this is without doubt one of Australia's most unique real estate opportunities. Sure to capture attention of investors Australia wide, the site occupies two four bedroom houses, seven two bedroom units and five single bedroom studios. In addition to the generous volume of infrastructure, the property also includes a large in-ground concrete pool, 8.4x19m work shed & under cover carports for all units. Some tenants have been in place for 15 & 20 years respectively, demonstrating the quality of living created in this unique investment. With affordable housing at all time high demand, all 14 properties offer the potential to enhance yield and rental returns. The current owner has care taken on site for several years, maintaining the asset to the highest of standards, ensuring maintenance has been kept on top of and presentation of the grounds immaculate. The land is level on the northern end of the Sunshine Coast, only minutes to the Bruce Highway & less than 30minutes to the Maroochydore CBD. There is approximately 818sqm of dwelling on the property, excluding the carports, shed & communal laundry used by some studio apartment. This is a captivating investment for now with 6.5% gross rental yields (approx.) currently and the untapped future growth and potential as Australia requires such a strong demand of affordable housing. Located on Queenslands Sunshine Coast, one of the strongest real estate markets, this ultimately unique residential investment will appeal to a wide range of investors and buyers. Building & Pest Reports Available Upon Request NOTE: No access on-site to the property is authorized without the representation of the marketing agents, the property is private and the peaceful enjoyment of the current tenants is considered.
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