15 Boongala Terrace

Maroochydore QLD 4558

With record low interest rates and a strengthening Coast property market, this rare offering provides a fantastic opportunity to secure a cash positive investment in a genuinely blue-chip location.

There are four fully secure lock up garages on site as well as additional off-street parking available for tenants.

Whether you are looking for an income generator to help fund your retirement or an increasing income for your self-managed superfund, this really is a unique offering.

Current Leases in place are-
* Unit 1 2 bed, 1 bath leased at $285pw through to August 2022
* Unit 2 2 bed, 1 bath leased at $360pw periodic tenancy
* Unit 3 1 bed, 1 bath leased at $235pw through to February 2022
* Unit 4 1 bed, 1 bath, leased at $250pw through to April 2022
* Unit 5 Studio apartment leased at $280pw through to November 2021

With massive rental demand across the Coast and a vacancy rate of less than 0.55% at the current time, you can rest assured of ever increasing rental demand in a one of the key growth areas of South East QLD.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes