FULLY TENANTED INVESTMENT WITH DEVELOPMENT UPSIDE
Type: FOR SALE
- Category :
- Land Area:869 Square Metres
- Tenancy: Tenanted
Ray White Commercial North Coast Central are pleased to present to market 1 McKenzie Drive, Maroochydore.
This property represents an opportunity to secure a medium density residential zoned development site with good holding income making for a great investment to develop either now or in the future.
The property represents the following:
- 869m2 Land
- Three existing units on a single title with a holding income of $44,980 P/A
- Two units have recently been fully refurbished
- Tenants have occupied the units for 5+ years, on periodic leases
- Zoned Medium Density Residential
- Located in Central Maroochydore, close to the CBD
- Opposite well established Kindergarten and Schools.
Contact exclusive marketing agents Emily Pendleton or Michael Shadforth for further information or to arrange an inspection