24 Novakoski Street
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About this property
Rare to find in this suburb this solid triplex offers a proven rental performer to be a long-term investment that can help fund your retirement. A flat block that is flood free these 3 units, which are 2 bedrooms each with the 3rd unit featuring a single lock up garage, are ideal for your first investment as having multiple incomes on the one purchase reduces risk for you. Built with a brick and hardwood construction topped off with a colour bond roof you will have low exterior maintenance which is ideal. The land size allows room for each unit to have another space for an additional car, boat, or trailer. Located on a bus route and walking distance to school, the new shopping centre, McDonalds, and other shops makes this a sought-after position for tenants. The opportunity is available to increase rents even further with airconditioning and some other cosmetic improvements as rental demand is tight in this area. Key Features: - Triplex Configuration - three two-bedroom units on one title - Reliable rental income with scope for increased returns through updates or value-add improvements - Prime location - minutes from local schools, shops, and Bundaberg CBD - Low-maintenance design - ideal for set-and-forget investors - Solid brick construction ensuring durability and long-term appeal - Generous block size providing flexibility for future enhancements - No Body Corporate Fees - Unit 2 features bedroom ceiling fans and living room air conditioning, rare locally - Unit 3 includes both a garage and carport for secure, flexible parking For more information or to arrange an inspection, contact Scott Mackey Direct: 0741318811 Mobile: 0419728911 Email: scott@rpre.com.au
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 3
- Parking
- 3
- Land Area
- 850 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Kepnock
This 6-bedroom land in Kepnock, QLD 4670 sits within reach of public transport, local shops and nearby schools. It is listed 72% above the $699,000 median of 59 comparable landswithin 5 km.
Schools near Kepnock
- Kepnock State High Schoolsecondary · 7-12 · CoEd
- Y Schools Queensland - Moreton Bay (Kepnock Campus)secondary
What's nearby
- Unnamed (bus) — 294 m away
- Red Poppy Hair Designs — 257 m away
- Stehbens Park — 451 m away
- C J Nielsen Park — 499 m away
- Laurisen Park — 746 m away
Kepnock at a glance
Full suburb profile- Population
- 4,501
- Median age
- 43
- Household income
- $1,151/wk
- Median rent
- $280/wk
- Median mortgage
- $1,200/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Kepnock price trend
Median sold · House 3 bed
Compound growth +17.4% / yr over 4 yrs
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Listing price changes
1 price change recorded for this property
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