29 Water St, Nebo, QLD 4742

29 Water St, Nebo, QLD 4742 Unique Investment Opportunity

Nebo is centrally located in the eastern side of the Bowen Basin, and a popular town for mining and rail accommodation.

Built about 12 years ago with this in mind this home showcases what can be done to house staff comfortably whilst working away from home.

The six bedrooms are fully furnished and have built in wardrobes and wall-mounted televisions designed similar to motel rooms. Block out curtains and air conditioning help for those doing shift work. Importantly, all 6 bedrooms are lockable ensuring private property is safe.

Community style bathrooms, with separate showers, toilets and a bath have individual doors with combined vanities. There is 1 bathroom on either side of the home so it's just a short walk down the hallway.

Mealtime is a breeze with a massive kitchen and loads of bench space. The main area is approximately 10m x 10m so if there is a need to organise inductions or meetings catering can be done using the kitchen and bench areas, or it can be dinner and watch a movie.

A large commercial style laundry means everyone can get their washing done without delay and outside there is a bbq and entertainment area that also has a separate toilet.

Just a short walk down to the iconic Nebo Hotel, where the food is fantastic, and the local shop and post office.

There is also an extensive list of inclusions right down to the knives and forks and there is parking for 6 cars.

From an investment perspective, the tenant is a company that has been there for over 5 years and has just renewed their lease. Their rent is always paid on time and it is currently returning 6.8%. Pretty good for a residential investment.