This exceptional property, located at 36 Albert Street, Margate, offers a fantastic investment opportunity with its three fully self-contained units returning $1230 per week. Set on a generous 506m² block, this property is positioned East of Oxley Avenue, just a short 400m stroll from the beautiful Margate Beach. Each unit is designed for independent living, providing a desirable rental return and making it ideal for investors or those seeking a multi-generational living arrangement. Every unit has been completely upgraded, featuring brand-new kitchens, stylish bathrooms, fresh flooring, and a sleek new paint job, ensuring a contemporary and low-maintenance living experience. These renovations not only enhance tenant appeal but also allow for premium rental returns. Unit 1 Featuring: • 2 Bedrooms 1 Bathroom on the second floor • $450 Rent per week • New commercial grade waterproof clip lock flooring • Renovated kitchen with new appliances, newly renovated bathroom • Airconditioning in the main bedroom • Closed in balcony with a personal laundry • Front and rear stair access • Ceiling fans in the living area • 2x Custom built in wardrobes Unit 2 Featuring: • 1 Bedroom 1 bathroom on the ground level • $380 Rent per week • Newly renovated kitchen with a combination laundry • Renovated bathroom • New commercial grade waterproof clip lock flooring • 2x Custom built in wardrobes Unit 3 Featuring: • 1 Bedroom 1 bathroom on the ground level • $400 Rent per week • New commercial grade waterproof clip lock flooring • Renovated kitchen with new appliances • Additional storage area • Rear access to an undercover deck and patio area • Bathroom and laundry combination • 1x Custom built in wardrobe Additional Features: • 506m2 Block with dual side access • $1230 rental return per week = $63,960 per annum • All renovated bathrooms have new toilets and modern showers, 3 coat wet seal in all wet areas with designer black tap ware and fittings in bathrooms • All kitchens renovated with custom cabinetry and pantrys with laminated bench tops, tiled splash backs installed with stainless steel gas cook tops on bottled gas • New commercial grade waterproof clip lock flooring in all dining and living areas • New blinds throughout • New power points throughout and coax for the TVs installed • All new plumbing was installed throughout the building • New light fitting and fixtures installed in all flats • Solar external lighting added for safety and security • Shared fire pit area • NBN is available in all flats • Separate meters for each flat to measure electricity consumption • Spacious storage shed • Outdoor tiled BBQ and entertainment area The prime location of 36 Albert Street is one of its standout features. Nestled East of Oxley Avenue, this property is just a 400m walk to the stunning Margate Beach, offering easy access to the serene coastline and waterfront lifestyle. For added convenience, Margate Village Shopping Centre is a mere 800m away, providing an array of shops, supermarkets, and amenities. Families will appreciate the short 500m walk to Humpybong State School, making school drop-offs a breeze. This central location combines the best of coastal living with close proximity to essential services, making it highly appealing to tenants and residents alike.
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รหัสอสังหาริมทรัพย์: 146106108