Cocos EC8/7
Great Northern
Highway
hamilton island
QLD,
4803
Sold for $350,000
Investment opportunity
An opportunity has arisen to secure this furnished 1 bedroom, 1 bathroom unit on the beautiful Hamilton Island.
This unit is for staff accommodation only and is rented out for $550.00 per week currently. With reasonable outgoings the unit is around a 6% Nett return.
The Coco's complex is sought after by island staff as it sits only moments away from the staff café, pool, gym, library and activities on Front Street.
This light and airy, air-conditioned unit is located on the middle floor of the complex and if neat and tidy. The unit comes complete with its own buggy. Only a short stroll to One Tree Hill where you can enjoy a beverage and the stunning views out to the Coral Sea.
The owners are motivated to sell. As there is limited staff accommodation on the Island, this property wont last long.
Please call to arrange an inspection.