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Nicole Dwyer
+ 61 0416033948
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Sold

Block_of_units

SOLD on Nov 2023
$450,000

32 Mill Street, Mossman, QLD, 4873, Australia

5Bedrooms
3Bathrooms
8Carspots
1442 m²Land size
Map of the surrounding area

About this Property

If you fancy a nice little earner with potential to expand then this property with 3 apartments is an absolute rocket!

Live in one and rent out the others, or just rent out the three. With a current income of $875 per week ($42,000 p.a) this property spells out Potential with a capital "P".

The block is huge with a Centre zoning on 1,442 m². The residences sit to the rear of the block and at the front there is room for ample parking for visitors or even another dwelling (STCA).

Unit 1 has been upgraded but, 2 and 3 do require some work but rent out quite well as is. With some cleaver renovating you could be adding to your income and increase the capital growth.

There are also seven external covered parking spaces, these could be upgraded into separate garages, workshops, storage areas or as commercial storage units (worth approx. $30+ each per week, that's an added potential of $210 per week = $10920 p.a. approx.), or build another residence, all (STCA), this property is a license to print money!


This property consists of:

Unit 1 - 3 bed, 1 bath with separate toilet with an rental return of $360 p/w
Unit 2 - 1 bed, 1 bath with separate toilet with an rental return of $240 p/w
Unit 3- 1 bed, 1 bath with separate toilet with a rental return of $275 p/w

**** That's a weekly rental income of $875p/w****

* Unit 1 is top floor with access down the side and use of back yard and small garden shed & undercover parking at front
* Unit 2 is ground floor with undercover parking at your door
* Unit 3 is ground floor with fenced front yard and undercover parking opposite to the unit
** At the entrance to the property there is several parking bays for family & friends or remove and redevelop (STCA)

You will be located in a prime position within walking distance to everything. Mossman is moving ahead with the Botanical Gardens progressing nicely, two primary schools, Mossman High School, Dance Studio, Bowls Club, Mossman Gorge and the list goes on. For wining and dining you are in close proximity to Hughies Wine Bar and Tapas and the Mossman Hotel. And don't think you are stuck out in a rural outback town - Cairns International Airport is only 1hour and 15 minutes away!

If you would like to release the potential in this property contact Nicole now on 0416 033 948 or email nicole@propertyshopmossman.com

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Nicole Dwyer

Property Shop - Port Douglas & Mossman
+ 61 0416033948
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More Details on 32 Mill Street, Mossman QLD

How many bedrooms and bathrooms does 32 Mill Street, Mossman have?

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32 Mill Street, Mossman is a 5 bedroom, 3 bathroom block_of_units.

Who is the agency that listed 32 Mill Street, Mossman?

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The agency who listed 32 Mill Street, Mossman is Property Shop - Port Douglas & Mossman - you can contact the agents here.

How many car spots does 32 Mill Street, Mossman have?

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32 Mill Street, Mossman is a 8 car spot home.

How much is 32 Mill Street, Mossman?

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The price of 32 Mill Street, Mossman is $450,000 - contact the agents to find out more.