Cash Flow | Potential| Sheds | 2 Street Frontage For Sale

26 Cherry Street, Oakey
Offers to Purchase | 6 Units + Development Opp
Block Of Units
  • 12
  • 6
  • 6
  • 3894 Square metres

Description

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

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Heating & Cooling

  • Air Conditioning
  • Reverse Cycle Air Conditioning

Outdoor Features

  • Courtyard

Indoor Features

  • Broadband Internet Available
  • Built-in Wardrobes

Floorplans

Floor Plan 1

Location