28 Donald Rd, Queanbeyan is a 8 bedroom, 8 bathroom BlockOfUnits with 8 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 8 bedroom BlockOfUnits sold in Queanbeyan in the last 12 months.
LJ Hooker Queanbeyan | Jerrabomberra | Googong is delighted to present for sale this rare opportunity to secure an entire complex of 8 units.
Located in a prime location only a short walk to the centre of Queanbeyan and arterial roads leading to Canberra.
Neat single storey complex on single title comprising of 8 x 1-bedroom units all with internal laundry facilities and allocated carports.
All units occupied and fully tenanted by long term tenants. This property is under a single title and not bound by strata fees.
Level parcel of land comprising 1,700m� in total with potential for future strata subdivision and each unit with own private courtyard an option. (Subject to Q.P.R.C approval.)
Tenancies:
Unit 1 leased at $300 per week
Unit 2 leased at $300 per week
Unit 3 leased at $300 per week
Unit 4 leased at $300 per week
Unit 5 leased at $300 per week
Unit 6 leased at $300 per week
Unit 7 leased at $300 per week
Unit 8 leased at $300 per week
Estimated Total Gross Income:
$124,800.00
Estimated Annual Expenses:
QPRC Rates $7,000.00
Rental Agent Fees $8,663.00
Insurance Costs $2,000.00
TOTAL= $17,663.00
Estimated Nett Income:
$107,137.00
Estimated Potential Income Yield:
Purchased at $1.795 million = 6% Nett
NO BODY CORPORATE FEES - SINGLE TITLE
Ideal for Self-Managed Super Fund or astute investor. Contact our office today to obtain an investment report or to schedule an inspection.
The size of Queanbeyan is approximately 2.8 square kilometres. It has 14 parks covering nearly 15.1% of total area. The population of Queanbeyan in 2011 was 5,783 people. By 2016 the population was 6,254 showing a population growth of 8.1% in the area during that time. The predominant age group in Queanbeyan is 20-29 years. Households in Queanbeyan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queanbeyan work in a professional occupation. In 2011, 55.1% of the homes in Queanbeyan were owner-occupied compared with 48.6% in 2016.
Queanbeyan has 4,104 properties. Over the last 5 years, Houses in Queanbeyan have seen a 57.78% increase in median value, while Units have seen a 45.57% increase. As at 31 October 2024:
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