Excellent Investment Opportunity

Karalee Villas offers 4 x 2 Bedroom units conveniently located in Gavin Street, Bundaberg North, close to the Bundaberg CBD, Northway Plaza Shopping Mall and Bundaberg Base hospital.

Built in 2006 of sustainable, energy efficient rendered clay bricks to the exterior and exposed brick interior walls, these units have been solidly constructed with quality materials. All other interior walls are villa board, a wall cladding that is attractive yet more impact and moisture resistant than regular plasterboard making it ideal for tenants and landlords wanting attractive but easy to maintain, low maintenance properties.

Rental Return – Unit 1 – $240.00 per week, Unit 2 – $270.00 per week, Unit 3 – $305.00 per week in October 2021, Unit 4 – $270.00 per week

Units 1 and 2 are single storey,110m2 in size and offer –

• 2 good size bedrooms with built-in wardrobes.
• Modern kitchen with electric stove and rangehood.
• Spacious open plan dining and living area.
• Large bathroom with toilet, shower, and vanity.
• Laundry with linen cupboard
• Single garage with internal access
• Sliding door access to a private courtyard with clothes line.
• Perfect for elderly tenants being single storey.

Units 3 and 4 are double storey, 151m2 in size and offer –

The lower level includes

• Modern kitchen with electric appliances
• Open plan dining/living room with sliding door access to private paved and grassed courtyards.
• Laundry, downstairs toilet with hand basin, and double garage with internal access.
• Floating timber stairs with stainless steel balustrading leads you to the upper level featuring –
• A second large living room with floating timber floors.
• Sliding door access to private balcony.
• 2 spacious bedrooms with built in wardrobes.
• Large bathroom with toilet, shower, and vanity.

All units have ceiling fans and security screens throughout. The complex is well maintained and has great street appeal and is low maintenance. There are additional parking bays for tenants and guests. All units have excellent tenants in place.

The units are strata titled so can be sold separately with the establishment of a Body Corporate.

Council rates are approximately $1600 per unit per half year.

Property ID: 1141725