$670,000

62 Carlo Rd, Rainbow Beach, QLD 4581


A Rare Commodity – Passive Income

Seize this chance to secure a sought-after piece of Rainbow Beach's industrial estate. Hold the monopoly on storage sheds with a growing population and very limited options for competitors.



Situated in a prime position, less than two kilometres from the Carlo Point boat ramp and less than three kilometres to the surf beach .... this 1000m2 boasts:



* 14 storage sheds (block construction)

* all sheds have 3.6m door heights

* range in size from 19m2 - 49m2



Excellent gross income with virtually no maintenance or upkeep on the premises.



Land value alone is well over $300,000 and the concreting, fencing and block construction put the cost of rebuilding at well over $400,000 on top of that.



Subject to council approval, you could add value by constructing a Manager's Residence on the second level of the bottom three storage sheds.



Call today for more information.

Property Code: 1371

Property Info

Municipality
Rainbow Beach

NEARBY PROPERTIES

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