LIFESTYLE INVESTMENT OPPORTUNITY, COLLINSVILLE, NORTH QUEENSLAND
LOCATION / AREA
Collinsville, near Bowen and Proserpine, North Queensland
PROPERTY TYPE / SIZE
2 large adjoining blocks of land with three buildings. One has a 2 bedroom house and the other has two large buildings.
The property is ideal for providing good rental returns. The units alone will return an easy 10% of sale price (80% occupancy). It includes a modern house and block of two shops ideal for food or general store.
$700,000 for both properties
Collinsville is close to mining areas and has good rental opportunities for flats or serviced rooms (up to $200 pw).
This is a 1,380 square meter block with two large buildings. This has 5 flats which are self contained and ideal for rental.
N.B This property has great potential. It needs some superficial work (paint etc) to improve the looks.
This has a high set 2 bedroom family home in excellent condition.
These properties are in the central area of Collinsville township.
Potential exists to do a boundary adjustment and put 5 carports (one for each flat) on the current house block (Property B)
Property A has the potential to return excellent (10%) income from the units, plus extra from the shops; whilst living in the house.
This is a unique property with great potential. It would be ideal for workers in the mining industry needing accommodation and wanting to earn extra income. It is also a good opportunity for investors, a tradesman or handyman to capitalise on their skills.
This area of North Queensland is going ahead. With Airlie Beach and the Whitsunday Islands only 1 ½ hours away and new mines being established there is both lifestyle plus employment to be enjoyed.