UNCONDITIONAL – SITUATED RAILWAY STREET ON CAPRICORN HIGHWAY – THREE BLOCKS WITH 150 M FRONTAGE AND THREE TITLES – PROPERTY SHOWING 14% GROSS RETURN

UNCONDITIONAL – SITUATED RAILWAY STREET ON CAPRICORN HIGHWAY – THREE BLOCKS WITH 150 M FRONTAGE AND THREE TITLES – PROPERTY SHOWING 14% GROSS RETURN

$700,000 PLUS GST

Description

Owner has retired and is looking to move on. Covering three blocks of land with 150 metre frontage this huge complex sits on prime real estate in Blackwater the Coal Capital of Central Queensland. Right on the Capricorn Highway and approximately 76 klms east of Emerald and only 200 klms west of Rockhampton convenience for your tenants / customers is assured. Neighbouring properties include Red Rooster, MacDonalds and Black Diamond Motel. Comprising offices, shops – upstairs / downstairs, sheds plus cottage with modern facilities, pergola area, carport and surrounded by tranquil garden setting an astute business person will see this opportunity immediately. At 5 August 2024 Gross income $81,360 + house $18,000 = $99,360. Seller has decided to retain the house for the time being however with no rentals in our town will be easily tenanted if investor buys this complex. Tenants contribute approx. $6000 towards rates.

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