If you're looking for a Mt Isa investment then this complex is going to be the #1 of your list!
Do you want an investment property with a great return? - Of course....
A property that is in great condition that you could move right into? - Let me start packing....
A complex with potential that you can still increase your return? - Now I'm listening....
Then look no further!
Rodeo Villas on Camooweal Street is exactly what you're after!
With a current rental return of over 11%, this complex of 4 has so many opportunities you could really make it your own.
At the rear of the complex are 2 modern 3 bedroom, 2 bathroom Villas which were constructed in 2012. Less then 10 years old, these villas are in exceptional condition with:
- Neutral colouring and features throughout
- Kitchen with stainless electric appliances including dishwasher
- Tiled floors in all living spaces and carpeted bedrooms
- Split system cooling and ceiling fans throughout
- Private outdoor entertainment area with undercover laundry
- Single Carports with private storage room
At the front of the complex is a duplex with a 1 x 1 bedroom unit and 1 x 2 bedroom unit. The exterior has been fully repainted but the inside is full of potential. The options are limitless and those willing to put a little work in could see your investment return easily rising in the current market.
Each unit has split system cooling, single car carports and individual courtyards.
On the outside, the complex has concrete driveways to all units, irrigation systems with water connected to Body Corp and a rendered brick front fence for that classy street appeal.
This complex is also already individually metered for water and electricity and subdivided into three lots! So the opportunity is there if you wanted to sell a portion or keep the whole complex for yourself!
All units are currently tenanted with a CURRENT gross rental return of over 11%!
Call now to arrange your inspection........before someone else does.