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3 Carinya Street

Queanbeyan NSW 2620

  • 8 Bed
  • 7 Bath
Auction: 24th Mar 2018 (10:30 am)


Elders Queanbeyan - Jerrabomberra - Googong is delighted to present for sale this rare opportunity to secure a complex of 7 units.

Located in a prime location only 2 blocks from Riverside Plaza and extremely close by to the Queanbeyan River.

Neat double storey complex on single title comprising of 6 x 2 bedroom units and 1 x bed sitter along with shared laundry facilities, 2 x store rooms and car space/carports.

All units occupied by long term tenants and all but one lease are held with a NSW Government Department.

Level parcel of land comprising 1,403m² in total with potential for future strata subdivision an option, subject to Q.P.R.C approval.

Unit 1 - 2 bedroom leased at $1,260 per month
Unit 2 - 2 bedroom leased at $1,238 per month
Unit 3 - 2 bedroom leased at $1,238 per month
Unit 4 - 2 bedroom leased at $285 per week
Unit 5 - 2 bedroom leased at $1,238 per month
Unit 6 - 2 bedroom leased at $1,238 per month
Unit 7 - Bedsitter leased at $150 per week

Gross annual rental income $97,164
Estimated annual expenses $17,066
Estimated nett annual income $80,098


Excellent nett yield!

Ideal for Self Managed Super Fund or astute investor.


General Features

  • Property Type: Block of Units
  • Bedrooms: 8
  • Bathrooms: 7
  • Land Size: 1,403sqm

Indoor Features

  • Toilets: 7

Nearby schools

Elders Real Estate Queanbeyan / Jerrabomberra

Enquire about 3 Carinya Street, Queanbeyan, NSW, 2620

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