73-75 Collett Street Queanbeyan NSW 2620
SHORT AND LONG TERM GAIN!!73-75 Collett Street, Queanbeyan
Returning approximately $99,840 p.a* this light-filled block comprises 12 Bedsitter apartments on a rare B3 block that allows for commercial, residential , retail or office use.
This complex is undoubtedly in the best location in town, with the units being in a good condition throughout whilst taking full advantage of its great solar orientation. Views from most of the units are of the common area and the complex is NBN ready.
There is no need for a private vehicle as the complex is set in Queanbeyan’s CBD, next to a car park and across from the bus interchange and only a minute or two stroll to Riverside Plaza, Woolworths, doctors surgery and leisure centre.
Situated in a Commercial Core Zone, future development potential (STCA) may include retail businesses and/or office use with high density residential above ('Top Shop' developments), Child care centres; Hotel or motel accommodation and a range of Commercial premises. The current offering of twelve bedsit units provides a low maintenance investment with good rental return.
The site is low maintenance and income producing allowing you to generate revenue while awaiting development approvals.
To be sold in one line, this great block has fantastic development potential and is truly a unique opportunity for those looking to secure a quality investment in a highly sought-after location, just minutes from the CBD.
For an inspection or any further enquiries please call Jason Maxwell on 0416 182 379 or email [email protected]
- No inspections scheduled
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Real Estate For Sale in Queanbeyan, NSW 2620 priced between $900,000 and $1,600,000