Prime Unit Investment | QLD Government Leased


Burgess Rawson is pleased to offer to the market 117-119 Churchill Street, Maryborough QLD 4650 for sale via Private Treaty.

This opportunity has the following highlights:

+ Prime unit block investment – seven recently renovated units (1 x 1 bedroom, 5 x 2 bedroom, 1 x 3 bedroom)

+ Extremely low vacancy rate of 0.3%

+ Future upside at lease renewals with the potential to increase rents

+ Expansive 1,720sqm* site area with strategic position near key amenities and Maryborough West State School (300 meters*)

+ Local area has seen strong growth rate of 59.5% for houses in the past three years

+ Maryborough: a major city of the Fraser Coast region which has a population of 112,078

+ Large site providing scope for a range of future development outcomes (subject to council approval)

+ Currently, six of the seven units are leased to the State of Queensland Department of Housing for a long term lease period, with the potential for renewal.

The remaining unit is leased to a regular tenant

+ Total annual rental income: $139,880 pa*

To be sold by way of Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information.



Contact agents
Rhys Parker Partner
0451 101 042
Andrew Havig Partner
0478 010 990
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Maryborough, QLD

117-119 Churchill Street

For Sale by Expression of Interest

This property is part of Portfolio 161

Price: Contact Agent

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