74-76 Chippendale St, Ayr is a 5 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1940. The property has a land size of 1355m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Have this investment work for you, these three units are fully tenanted and return $430 per week in rent. With an asking price of $260 000 this investment could pay for itself. The timber units are located a short walk to local schools, the hospital and the town centre, ideal for tenants. The large 1355 sqm corner allotment is high and dry and fully fenced.
A three-bay carport provides undercover parking for the tenants and the complex is fully screened and has compliant smoke alarms installed. Units 1 and 2 have one-bedroom, original kitchens and vinyl flooring. Unit 2 has an additional study area and a box air conditioner. Unit 3 has two bedrooms, vinyl flooring and a large split system air conditioner that cools the entire unit.
With bank interest at an all time low, take this opportunity to chase a better return. Our Burdekin region has seen renewed interest in the property market over the past six months so now is the time to secure this rare opportunity.
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