26 Cherry Street (or 13-15 Creek Street) is a prime opportunity for those looking to capitalise on taking advantage of purchasing a complex of 6 x (2 bed 1 bath 1car) units plus vacant land with potential development, plus two sheds. All 6 units are currently rented and are offered to the rental market as aged care affordable living - absolutely perfect for Government Housing/NDIS Suppliers, farming families and sophisticated investors looking for a cash flow opportunity to add to your property portfolio.
Property Summary:
• Complex of ground level units (6 x 2-bedroom, 1 bath, 1 car)
• Built in 1990 solid brick build, exceptional condition
• 3,894m² - vacant land for further development
• No body corporate fees
• Ultra-low maintenance grounds
• 2 minutes drive to Oakey Shopping Centre
• Separate carports
• Security screens & ceiling fans
• Spacious built-in bedrooms
• Separate laundries
• Combined living and dining
• Wheelchair friendly bathrooms
Tenancy Agreements:
1/13-15 Creek Street: Lease to 14 December 2026 @ $280/week
2/13-15 Creek Street: Lease to 9 July 2026 @ $280/week
3/13-15 Creek Street: Lease to 29 March 2027 @ $280/week
4/13-15 Creek Street: Lease to 16 November 2026 @$280/week
5/13-15 Creek Street: Lease to 30 November 2026 @$300/week
6/13-15 Creek Street: Lease to 8 March 2027 @ $280/week
Rates:
Water Rates: $2,621.62 per half year
Land Rates: $3,093.17 per half year
Body Corporate Fees: $0