Address Withheld, Karumba, QLD 4891

Situated in the Fishing town of Karumba, these houses represent incredible value with numerous possibilities. All dwellings currently tenanted.

The large shed with amenities on 53 is reserved for the owners exclusive use, so you have income and lifestyle wrapped up.

Other uses could be converting one or more properties into Air BnB's for the weekend or winter fishing tourist market.

THE BREAKDOWN:

51 & 53 are being sold together on one title. Both lots = 2,016m2. Offers Around $425,000 Considered.

51 has a 2 bedroom, 1 bathroom house and a 1 bedroom, 1 bathroom house with a light framed vinyl roof patio - granny flat.

Current Rental return - $150 per dwelling pw = $300 pw.

53 - 1 bedroom and 1 bathroom, perfect for boat storage. - 5m clearance under roller door.

Potential rental return for the shed for rental storage up to $300 pw.

80 - NOW SOLD - 1,012m2. $180,000. Backing onto bushland.

Studio with 1 bedroom, open plan living and separate bathroom, 1 car attached carport with a front patio.

Current Rental return - $150 pw

82 - 1,012m2. Offers Over $199,000 Considered. Backing onto bushland.

1 bedroom, 1 bathroom, 1 car plus 17m2 shed. There is a toilet/shower block to the rear of the property plus a caravan which could be moved into the lot along with a tiled and enclosed, air conditioned annex.

Current Rental return - $150 pw

Rental properties are extremely hard to come by in this town so this represents a great opportunity to either keep the long term tenants in place (they are all on periodic leases at present) or renovate and increase your return down the track.

For further information please contact Robyn on 0488 071 007.