If you like numbers then this one makes sense. Perfect for investment, it’s packing a punch with a rental yield of over 8% which is significantly higher than it’s typical priced competition punching in at approx 5.7%
42 Boundary St, sits on a 873 sqm block and consists of 3 separate apartments:
- Upstairs – 2 x 2 bedroom, with living areas, large kitchen dining, bathrooms and one with a balcony.
- Downstairs a 1 x 1 bedroom unit, modern bathroom, access to laundry & rear yard.
- There’s undercover parking beneath the property, 1 for each apartment with additional off street parking to the front if needed.
- It’s conveniently located close to schools, shops and a stones throw from Bundabergs CBD so everything is within close proximity.
With the vacancy rate for rentals at an all time low, the rentals are in high demand in Bundaberg and with interest rates at the bank at a record low and not giving you a good return on your investment, you should seriously consider this fantastic investment opportunity that could see instant reward and fantastic future appreciation as Bundaberg contiunues to grow.
Want to know more, give me a call on 0478 138 835 to arrange your private inspection.