1-6/6 Elizabeth Street

Comprising a mix of two and three-bedroom units, the property offers diversified rental appeal and the convenience of managing multiple tenancies from a single asset. Highlights:

• Entire block of 6 units - separately titled
• All units currently tenanted
• 3 x 3-bedroom and 3 x 2-bedroom residences
• Outstanding investment opportunity with multiple income streams
• Walking distance to beachfront, cafés, schools and shopping facilities
• Strong appeal to both long-term tenants and future owner-occupiers
• Established complex in a sought-after coastal precinct
• Opportunity to add value through future improvements and rental growth Located just a short stroll from the beautiful Tannum Sands foreshore, local shopping, schools and everyday amenities, the complex enjoys strong tenant demand thanks to its highly accessible location. Whether you're looking to secure a substantial addition to your investment portfolio, explore future redevelopment potential, or hold a fabulous coastal asset for years to come, this is an opportunity rarely offered to the market. Properties of this scale and position are seldom available in Tannum Sands, making this an exceptional chance to acquire a significant income-producing asset in one of the region's most tightly held seaside communities. Unit Details:
• Unit 1: 3 bedroom, 1 bathroom, additional toilet, 1 under cover car accom, balcony. 98sqm Currently Tenanted for $380 per week Rent Appraisal: $410 - $430 per week Lease Expires 4 March 2027 Rates: $3821.17 (per year, prior to 10% discount) Water: $130.38 (6 months)
• Unit 2: 3 bedroom, 1 bathroom, additional toilet, 1 under cover car accommodation, balcony. 98sqm Currently Tenanted for $360 per week Rent Appraisal: $410 - $430 per week Lease Expires 30 June 2027 Rates: $3821.17 (per year, prior to 10% discount) Water: $130.38 (6 months)
• Unit 3: 2 bedroom, 1 bathroom, additional toilet, 1 under cover car accommodation. 76sqm Currently Tenanted for $370 per week Rent Appraisal: $380 - $400 per week Lease Expires 5 April 2027 Rates: $3614.49 (per year, prior to 10% discount) Water: $99.70
• Unit 4: 2 bedroom, 1 bathroom, additional toilet, 1 under cover car accommodation. 72sqm Currently Tenanted for $360 per week Rent Appraisal: $390 - $410 per week Lease Expires 22 March 2027 Rates: $3488.80 (per year, prior to 10% discount) Water: $92.03
• Unit 5: 2 bedroom, 1 bathroom, additional toilet, 1 under cover car accommodation. 72sqm Currently Tenanted for $360 per week Rent Appraisal: $390 - $410 per week Lease Expires 22 March 2027 Rates: $3488.80 (per year, prior to 10% discount) Water: $92.03
• Unit 6: Furnished 3 bedroom, 1 bathroom, additional toilet, 2 car garage, balcony.

175sqm Currently Tenanted for $420.00 per week Rent Appraisal: $450 - $470 per week Lease Expires 15 March 2027 Rates: $5089.87 (per year, prior to 10% discount) Water: $222.41 *Private Inspections can be arranged with 48 hour notice, due to tenancies. *Please contact Emma Plath for Walk-Through Vid : WhatsApp (not text) 0497 864 493 * Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy.

Interested parties should not rely on these particulars, but must instead satisfy themselves by inspection or otherwise.