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High Revenue Generating Accommodation Facility - Gross full year 20 /21 returns in excess of 15%!

This eight room accommodation facility is centrally located in the town of Sarina and provides comfortable, clean, modern facilities utilised by those undertaking work in the area or holiday makers looking for a base from which to explore the region.
Leasing terms are variable but typically medium term.

With a modern fit-out the property contains large ,spacious and comfortable rooms ,
All rooms contain a queen sized bed, wardrobe, work station, desk and are air conditioned .

There is an on site laundry with new washing machines and dryers plus two kitchens , two dining areas and off street parking.

The property is enjoying high occupancy levels and strong letting rates however there is still upside on these numbers as the regions economy continues to thrive.

Gross Returns for Half Year to 31 December 2020 $82,601.

This is an ideal property to self manage with minimal time and effort required or still extremely profitable as a passive investment via agent management .

Sarina is a thriving country town just south of Mackay servicing the coal ports of Hay Point and Dalrymple Bay, the Jilalan Rail facility and the local sugar industry .

To obtain further financial information, arrange an inspection and to discuss the potential for ongoing high returns please call Greg Smith on 0413054742.

Availability

19 October 2021

Features

Land Size 2,023 Square Mtr

Agent Details

Greg Smith
0413 054 742

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