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Under Contract

2 Davey St, Moura

$29,000

776 m2

Vacant Residential Land

This 776m2 (approx) block of land is situated on the corner of Farmer and Davey Street, and has electricity, sewage and water available to it.  A couple of 50m2 tiny homes (approx $40,000 each) would be perfect to bring an income of approx $500/week when tenanted.  

https://www.samedaygrannyflats.com.au/locations/cq/

The Math:

Investment:  $110,000 (approx)

Income:  $26,000 (approx)

Rates and Management Fees: ($6000)

Nett income: $20,000 (approx) per year. 

776 m2

Details

Address 2 Davey St, Moura
Price $29,000
Property Type Residential
Property ID 1576
Category Vacant Land
Land Area 776 m2

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