131-133 Targo Street
Bundaberg South


$1,400,000

7
7
14

Property Features


Property ID: 3336987

Land Size
1938.00 m2

City Fringe Investment Opportunity


Located only a few minutes from the CBD, the seller has decided to sell his unit complexes.

Complex 1 - 131 Targo Street
- 4 brick & tile units
- Each unit is bigger than normal
- 2 bed, 1 toilet, 1 lock-up car
- Land area - 969 m2

Complex 2 - 133 Targo Street
- 3 brick units with iron roof
- 2 bed, single carport, 1 toilet
- Option to build one more unit (subject to council approval)
- Land area - 969 m2

Total Rent - $82,420 p.a
Less Rates - $14,320, Insurance - $2039, management fees - $4121 = $20,480
Net Return = $61,940 per annnum

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