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24 Murray Street, Oakey, QLD 4401, 6 Bedrooms, 3 Bathrooms, House

Offers Over $849,000

24 Murray Street, Oakey, QLD 4401

6
3
3
1017m2
HouseListed on Mon Oct 14

Oakey 6 Bedroom $990/Wk Rental Income with No Body Corp

Amazing Yield!! Investors Delight!!

Incredible rare block of 3 x Modern 2 Bedrooms with 1 Bathroom and 1 Garage Units sitting on over 1,000sqm block of land.

Unit 1 Features:

2 Spacious Bedrooms: Each with built-in robes and ceiling fans for comfort.

1 Well-Appointed Bathroom: Includes bathtub and separate shower.

Comfortable Climate Control: Air conditioning throughout the open-plan living, dining, and kitchen areas ensures year-round comfort.

Modern Kitchen: Featuring kitchen island, ample storage, and quality appliances, perfect for culinary enthusiasts.

Outdoor Entertaining Area: Perfect for relaxing or hosting guests and huge yard for pets.

Secure Car Accommodation: Provides space for 1 vehicle.

Unit 2 Features:

2 Comfortable Bedrooms: Equipped with built-in robes and ceiling fans.

1 Modern Bathroom: Complete with a bathtub and shower.

Air-Conditioned Comfort: Dining/lounge/kitchen area are air-conditioned for your comfort.

Bright Open-Plan Living: A spacious dining and living area enhances the home?s appeal with a Study Nook.

Contemporary Kitchen: Similar to Unit 1, featuring kitchen island, ample storage and quality appliances.

Outdoor Entertaining Area: Perfect for chilling out and yard for pets.

Secure Car Accommodation: Space for 1 vehicle.

Unit 3 Features:

2 Spacious Bedrooms: Each with built-in robes and ceiling fans for comfort.

1 Well-Appointed Bathroom: Includes bathtub and separate shower.

Comfortable Climate Control: Air conditioning throughout the open-plan living, dining, and kitchen areas ensures year-round comfort.

Modern Kitchen: Featuring U-shaped kitchen, ample storage, and quality appliances, perfect for culinary enthusiasts.

Outdoor Entertaining Area: Perfect for relaxing or hosting guests and huge yard for pets.

Secure Car Accommodation: Provides space for 1 vehicle.

*Additional 2-3 open car spaces on-site for visitors.*

Investment Highlights:

Extremely Strong Rental Income: This property generates a combined rental income of $970 per week currently increasing to $990/wk after 5th Dec 2024, with no body corporate fees.

Unit 1: Tenanted at $325/Wk till 25/5/25

Unit 2: Tenanted at $320/Wk till 5/12/24 then $340/Wk till 2/7/25

Unit 3: Tenanted at $325/Wk till 9/8/25

Potential for Growth: The triple units setup offers flexible options for buyers; either rent out all 3 units and enjoy the crazy return or live in one and continue renting out the other 2 units to help with the mortgage.

Prime Location:

Located just 25-30 mins drive from Toowoomba CBD, only 2-3 minutes from Oakey Town Centre and Oakey State High School. If you prefer the train, Oakey Train Station is just 5 minutes away.

Nestled in an established estate near a quiet cul-de-sac, there are many new developments in the area which indicates huge demand in the area.

Such high cash flow property like this is incredibly rare! Do not miss out!

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Oakey State High School
0.49 km
Secondary
7-12
Government
icsea: 930
Oakey State School
0.91 km
Primary
Prep-6
Government
icsea: 872

Property history

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Oakey surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
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Year 2024 Month 12 Day 12
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Year 2024 Month 09 Day 24
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-m2
Year 2024 Month 08 Day 22
-
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28 Weise Street, Oakey
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4
2
-m2
Year 2024 Month 07 Day 14
$500,000
Council approved

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Ref:eagle_1485369Last update:2025-01-06 11:05:53