Offers over $2,495,000

7 Kitchener Street, Tugun QLD 4224

8 Bed

3 Bath

2 Car

493 m²

326 m²

Offers over $2,495,000

7 Kitchener Street, Tugun QLD 4224

8 Bed

3 Bath

2 Car

493 m²

326 m²

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Block of Units - Superb Investment Opportunity

Nestled in the vibrant heart of Tugun, just minutes to the beach and all Tugun has to offer, this unique complex of self-contained apartments is perfect for savvy investors. Comprising 2 x two bedroom upper-level and one lower-level 4 bedroom unit, this property offers a streamlined investment portfolio in one convenient package in sought after Tugun location adjacent parkland.

Unit 1: 2 bedroom, Current lease until 2/01/2026 at $560 per week
Freshly painted, private balcony and entry.

Unit 2: 2 bedroom, Current lease until 13/03/2025 at $550 per week
Single lock up garage, large private balcony overlooking park.

Unit 3: 4 bedroom, Current lease until 5/04/2025 at $720 per week
Single lock up garage, large undercover area and backyard with garden shed.

Total combined rental income Approx $95,000 Per Annum

Zoned Residential C – Multi Unit Dwelling
Rates approx $3,900 pa

Properties like this are a rare find, especially in such a desirable area, these apartments are primed and ready to impress!

For any further information please contact Paul on 0418 983 538 at Base Property Group

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

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