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Residential Property for Sale in
Cooktown, QLD
9 May St

9 May Street, Cooktown, QLD 4895
9 May StreetCooktown QLD 4895 AUS
-15.480060 145.250717
$580,000
4 Beds
3 Baths
4 Parking
  • Land area 0.25 acres / 1012 sqm
  • Car Ports 3
  • Off Street Parking 1

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A Sound Investment

Property ID 1966942
Buy this, sit back, and count the money as it rolls in. Better than a 6.0% return.
3 solid masonry block units, built in 2006, very well-maintained and in excellent condition.
2 x 1 and 1 x 2 bedrooms. Current gross rental returns $900 per week.
All 3 units are leased to State Government, secure signed leases in place, details available.
There is a chronic shortage of rental accommodation in Cooktown. The location of these units near to Hospital and Schools should ensure they will always be in high demand.
More details from the Selling Agent on 0438 982 577 or dan.kerridge@raywhite.com