Sold for $265,000
Sold for $265,0007 Palmer Street, Ingham QLD 4850
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Property was sold on 16 October 2020.
Sold on 16 October 2020.
10 beds
5 baths
5 cars
Apartment / Unit
1015m²
10
5
5
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Apartment / Unit
1015m²
Substantially upgraded by the current owner, this set of five air conditioned units is configured with three two bedroom units upstairs and two large two bedroom units downstairs. Over the past 6 years the owner has completed works to the units as they have become vacant. This includes internal painting, new fans, switches and tv points, soft floor coverings, kitchen and bathroom upgrades, security screens and windows and air-conditioning as an example. The roof has been replaced prior to the current owner. The 1015m2 block is fenced and has covered parking for five vehicles at the rear of the block. The design is such that tenants do not share any stairs or doorways contributing to good tenant relations and easier management. These units are rent for between $160-$180/week. Currently earning $680/week with one unit vacant. Overall the building presents well internally and externally.