Unconditional

High-Yield Triplex in Paradise!

Prime investment opportunity! Secure your future with this well-maintained 3 x 1-bedroom triplex, offering strong rental returns of greater than 9% gross and long-term government leases already in place. Built with durable masonry block construction, this solid investment ensures low maintenance and long-term reliability.
Each identical unit is fully air-conditioned and security screened, providing comfort and peace of mind for tenants. Conveniently located close to schools, hospitals, and essential amenities, this property is highly sought-after, ensuring consistent occupancy and excellent rental income.
With high returns and secure government-backed leases, this is a hassle-free investment that delivers stability and financial growth. Whether you're expanding your portfolio or entering the market, this triplex is a golden opportunity in a prime location. 
Act fast – properties like this don’t last! Contact Karen today for more details.

Features

Undercover outdoor area Low maintenance Safety Switch Smoke Alarms RCDs Level Block Close to school Security screens Built-in wardrobe Air conditioning
3 3 4 1,016 m2
Address 7 May St, Cooktown
Price Triple Income For $550,000
Property Type Residential
Property ID 142
Category Block Of Units
Land Area 1,016 m2

Quick Links

Agent Details

Karen Thomas photo

Karen Thomas

0417 848 966
View Profile

What our clients say

5 Star - My name is David I don't have any knowledge of buying a home, Karen set out time frames and explained the process of purchasing my house a lot easier. Now we are very happy, My Wife and I...

David and Kylie Lippiatt

Karen Thomas is an honest reliable and extremely dedicated agent/property manager. Karen Thomas has managed my property for approximately 12 months,she found me a great tenant and has always communicated...

Damian Friend

Buying a house online was somewhat daunting but Karen was always there to answer my questions and provide support. Her knowledge was invaluable as we lived interstate and and her professionalism much appreciated  Verified...

Suzi de la Rue

I recently purchased a house in Cooktown and Karen was the agent.  I feel compelled to say Karen kept the entire process easy and enjoyable, ensuring any problems encountered were dealt with expeditiously...

Neville Yunker

I have been involved with Karen twice now with buying and selling properties in Cooktown. Her professional knowledge and experience shone through every time. I thoroughly recommend Karen for all Real Estate...

Michael Ainsley

Karen Thomas is right on the pulse of the Cooktown real estate market, advising us when buyers were buying to live in a home themselves and later when investors re-entered the marketplace. Over a period...

Chris Littlemore