Lot 1/21 Carr Cres, Lucinda is a 6 bedroom, 3 bathroom House with 3 parking spaces and was built in 1985. The property has a land size of 699m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
This unique property offering consists of three well-maintained units on a single title, all of which have been recently refurbished externally. Notably, there is no body corporate associated with these units, which simplifies management and reduces costs, enhancing its appeal as an attractive investment.
Each of the units features two bedrooms with built-in robes, modern and spacious kitchens, open-plan living areas, air-conditioning, and private verandas. Additionally, car accommodation is available for each unit. The property is ideally situated just a short walk from the beach, and within walking distance to the local pub and store. The township of Ingham, offering all necessary amenities for shopping and other daily needs, is also just a short drive away.
Currently, the property generates a combined rental income of $940 per week, translating to an impressive annual gross return of over 7.0% on the asking price. The prime location offers easy access to both daily necessities and leisure activities. Adventure awaits at the nearby Dungeness boat ramp, providing gateways to Hinchinbrook Island and the Great Barrier Reef, making it a perfect spot for adventurers, fishermen, and nature lovers.
Whether you're looking for a savvy investment or a personal holiday retreat, these units provide fantastic flexibility. Opt to keep the units as rental properties for steady income, or use one for personal vacations while leasing the others to maximize both personal enjoyment and investment returns.
For more details or to arrange a viewing, please contact Marie on 0448 347722.
Don't miss out on this stellar investment opportunity in the Lucinda market! With no body corporate to worry about, this property not only offers a strong passive income stream but also serves as a perfect getaway retreat. Whether you're aiming for financial growth or a serene escape, this property promises convenience, flexibility, and immense value. Jump on this chance to turn your investment dreams into reality!
The size of Lucinda is approximately 28.1 square kilometres. It has 1 park covering nearly 0.9% of total area. The population of Lucinda in 2011 was 453 people. By 2016 the population was 403 showing a population decline of 11.0% in the area during that time. The predominant age group in Lucinda is 60-69 years. Households in Lucinda are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lucinda work in a trades occupation. In 2011, 76% of the homes in Lucinda were owner-occupied compared with 82.6% in 2016.
Lucinda has 414 properties. Over the last 5 years, Houses in Lucinda have seen a 99.79% increase in median value, while Units have seen a 5.36% increase. As at 30 September 2024:
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