PRICE DROP…Rare Multi-Unit Investment Opportunity- Prime Position on Bribie Island.
Located just a couple of minutes’ walk to the waterfront & all amenities, Welcome to 32 Kangaroo Avenue in Bongaree, Bribie Island. Set on approximately 871sqm, the complex comprises 6 self-contained units on a single title. Here’s an astounding opportunity for the astute investor looking not just expand but kickstart their investment portfolio. Originally built in 2006, this unique property was architecturally designed & built by current owner and is for sale for the first time. All six one-bedroom units have ceiling fans, built-ins, and bathrooms and each of these units is already tenanted promising immediate returns on your investment. The seventh, while neat and functional, was initially designed as a recreational room or office and now utilized into another unit to maximize rental yield.
A spacious residence more akin to a small home featuring an open plan living, dining & kitchen, bathroom and access to a lovely communal courtyard area. Each unit comes complete with its very own internal laundry, carport parking space for each unit and own private outdoor areas.
With all seven residences currently tenanted, investors can enjoy secure and consistent rental income from day one, combining immediate returns with long-term capital growth potential. Perfectly positioned for lifestyle and convenience, this property is within walking distance to the beach, cafes, shops, schools and the main shopping center in town.
Opportunities like this with flexibility, upside and a prime location are increasingly hard to find. Don’t miss out on this golden opportunity to grow your portfolio and secure a profitable future.
Additional Features:
– Each unit is separately metered
– No Body Corp
– Large single bedrooms to upstairs can be divided into two bedrooms
– Timber frame
– External Sheeting with corrugated colourbond cladding
– Curved plywood with exposed rafters and is fully insulated (walls & ceilings)
– Central location
Should you have any questions or for your private viewing please contact Gloria today on 0401396217
