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Block of Units for Sale in Ingham
8 Unit Cash Cow 11% ROI*
- 14 Beds
- 8 Baths
Full disclosure: Virtual furniture used for presentation
Attention Investors: Block of 8 Units $137,280 p.a
Fixed Leases - with room for rental increases
Single Title = No Body Corp fees
Opposite Ingham Hospital & walking distance to state school and CBD
Turnkey investment, ready to go!
Property Features
Unit Configuration:
6 x 2-bedroom, 1-bath units - spacious open-plan living, polished timber floors
2 x 1-bedroom, 1-bath units - functional layout with multiple practical living spaces
Large spacious units. *Images have been digitally styled.
Select units have been upgraded over the past 2 years with modern kitchens,
bathrooms, appliances, air conditioning, hot water systems, tapware, security screens,
and TV antennas
Driveway resurfaced 2 months ago
Roof replaced approx. 5 years ago
Smoke alarms, electrical and maintenance fully up-to-date
Additional Features Include:
Solid, pest-free, low-maintenance construction
Fully managed by Belle Property (management fees 9% including GST, covering all fees)
Tenants have been stable for multiple years, with no arrears
Trusted local trades list provided for smooth handover and ongoing maintenance Location Highlights
Directly opposite Ingham General Hospital
Short walk to schools, town CBD, showgrounds, and churches
Convenient access to local amenities for tenants, ensuring strong rental demand Rental Information
Current gross rent: $2,640 per week / $137,280 p.a.
Offers Over: $1,248,000 - approx. 11% return
Most tenants signed 2-year leases 12-18 months ago; current market rents are higher
and could be implemented when leases expire
Rates approx. $17,000 p.a. (including water & waste)
Insurance: Strata renewal $5,193.73 + 8 landlord policies $1,278.61
Tenants have been historically employed as local teachers, nurses, police recruits, support workers, BWS, sugar mill workers, etc.
A Smart, High-Yield Investment
Opportunity to secure an entire 8-unit complex with stable tenants, strong rental income, and
select upgraded units. With future rental growth potential and a prime central location, 1-8/9
McIlwraith Street represents a secure, high-performing asset for savvy investors.
Be quick, opportunities like this are very rare! Contact Paul & Mel for further information or to
arrange a private inspection
1,294m² / 0.32 acres
14
8
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Agents
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