The property you’ve been looking for
7 MUNGAR ROAD - BEAUTIFUL TIARO
Land and income in the Fraser Coast Hinterland
THE PROPERTY
Block of 3 units on one title
1 x 3 bedroom plus 2 x 2 bedroom with car accommodation for 4 vehicles. This beautiful property is unique. Approx 2700 m2 with development potential...Set in a peaceful but convenient location close to all amenities. School, groceries, post office, medical centre, cafes, recreation grounds and loads more. Built from besser (concrete) blocks, this place is solid. 3 units each having their own separate private entrance and bush outlooks, tenants love it here....
No body corporate fees
Fully tenanted
Positive cash flow
THE AREA
Fraser Coast Shire...
The Fraser Coast is a mix of stunning landscapes, islands, cities and towns. From Fraser Island - the world's largest sand island to the heritage streetscapes of Maryborough; from the rich farmlands of Tiaro, to the sheltered waters of Hervey Bay, one of Australia's most popular beach destinations, from old mining villages to peaceful seaside retreats set on the shoreline of the Great Sandy Strait. The Fraser Coast sits within the Great Sandy Biosphere, which is part of a world network of Biosphere Reserves.
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Solar Farms
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According to Fraser Coast Council Mayor Chris Loft, the region aspires to become the ‘solar capital’ of Queensland. New solar farms are being approved which is creating job opportunities for construction and ongoing maintenance and operation.
$350,000 - 6% NET YIELD
Financials
Weekly rent $585
Outgoings
Council Rates including water, around $4,800/an
Yard maintenance around $1000/an
No body corporate.
Fully tenanted. Very low vacancy rates in Tiaro.
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