This ugly duckling needs some maintenance work and modernising but the potential for capital gains and rental return here is great.
The main house features three bedrooms, bathroom, open plan living and kitchen area as well as a separate laundry with a second shower plus a carport. Currently rented at $260 per week, with current demand and some cosmetic improvements, it could be rented at $320 per week.
The separate granny flat/unit is open plan and boasts a kitchenette, bathroom and an additional carport. With some renovations, this could be rented out separately at approximately $200 per week.
The property is fenced on three sides, 660m2 block, has a garden shed and is only a few minutes’ drive to the Carlo Point boat ramp.
Please allow at least 24 hours’ notice for inspections as this property is permanently tenanted.
Address | 31 Carlo Rd, Rainbow Beach |
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Price | SOLD for $450,000 |
Property Type | Residential |
Property ID | 1272 |
Category | House |
Land Area | 660 m2 |