EXPRESSIONS of interest are being sought for the sale of a multi-tenanted, leased investment, comprising of 10 modern townhouses at 1-10/39 Mortimer Street, Caboolture.
The opportunity is being jointly marketed by Ray White Commercial Queensland’s Matthew Fritzsche and Michael Feltoe.
Mr Fritzsche said the asset has a land area of 1,619sq m* and comes with a high level of occupancy with long-term tenants.
“The asset includes 8×3 bed with two-bath and 2×2 bed with two-bath, built circa 2012, and there’s no doubt this is a great investment opportunity with an annual rental income of $152,880*,” he said.
“The dwellings are individually strata-titled and have been built to a high standard.
“The property is improved with a modern residential complex, consisting of opposite facing 2x standalone blocks of 5x side-by-side dwellings.