4 Home Units with DA to Extend

46 Kemmis Street, NEBO QLD 4742
$595,000
L29227991
For Sale

Property Details

Beds: 8 Baths: 4 Car: 4

Description

Four x 2 Bedroom Home Units located at Nebo in the heart of the Bowen Basin Mining Operations with a current passive rental income of $55,000 per annum.
The option is also there to take advantage of the Owner’s work in obtaining a DA to modify and extend the project to 6 x 3 Bedroom Home Units with a projected gross annual income in excess of $100k. Great opportunity for a company looking for secure accommodation in the expanding coal mining industry or the astute investor.
Copies of the Decision Approval and Plans are available on request.

Agent

Peter McFarlane
Peter McFarlane (Director / Property Management & Sales) P.0749985989

Peter is a “Fellow” of the Real Estate Institute of Queensland with over 30 years of experience in the Mackay industry. Peter is a fully licenced Real Estate Agent and Auctioneer. During his career he has experienced all areas of the industry from residential sales and property management to commercial and industrial sales and leasing.
Peter’s philosophies and business strategies are simple in that you treat all of your clients and customers in a manner that you would expect in return and act in the best interest of the client at all times. When required to make decisions on behalf of landlords always treat their valuable investment property as if it was your own.

With personal experience in all areas of the industry and having been, at different times, a Buyer, Seller, Tenant, Landlord, Developer of Residential and Commercial Property himself, Peter believes the combination of these experiences will be of enormous benefit to all his clients.