167-169 Kings Road

Pimlico, QLD, 4812

  • 16bed
  • 8bath

SOLD

Investors Do Not Look Past This One!

Two blocks of 4, 2-bedroom units side by side. Two title, two rates notice and NO BODY CORPORATE FEES. Perfect for the astute investor
The eight units are all two bedrooms with built-in robes, tiled open plan living, 1 bathroom, fully Air-Conditioned, security screens on all doors and windows and undercover carport.
All 8 units are currently rented bringing in an income of $2,165.00 per week. As you can see on the internet the current rent it is well under today’s rent. The potential rent should be $280 to $290 per week. Not only is it a great Buy it is a solid investment.
Current rental:
BLOCK 1:
• Unit 1 $250 per week fixed lease expires 17/10/22
• Unit 2 $240 per week fixed lease expires 08/08/22
• Unit 3 $275 per week fixed Lease expires 20/04/2
• Unit 4 $290 per week fixed lease expires 12/01/23

BLOCK 2:
• Unit 1 $270 per week fixed lease expires 12/01/23
• Unit 2 $260 per week fixed lease expires 15/04/23
• Unit 3 $290 per week fixed lease expires 17/03/23
• Unit 4 $290 per week fixed lease expires 27/03/23

You'll never have trouble finding tenants for this spacious Units. Located in the sought-after the inner-city suburb of Pimlico. It is in walking distance to schools, shops. Even walk to the v8 track and much more. This property is convenience plus.
Two solid blocks of unit’s side by side are as rare as hen’s teeth to find for sale in Pimlico.
“You know that old saying you snooze, you lose”
Call Doreen Charity 0414 691 666 for an appointment.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.

Property Features

Air Conditioning • Built-ins • Close to Parklands • Close to Schools • Close to Shops • Close to Transport • Entertainment Area • Fully Fenced • Living Area • Modern Bathroom • Modern Kitchen • NBN Installed • Pay TV Enabled • Security Screens • Security Windows •