15 Hogg Street, Cooktown
Opportunities Are Endless
This property has a 3 Bedroom double storey home with a separate granny flat. Both are currently rented at a yield total of 6% and could potentially earn 8% gross rental return in the current high demand for rentals. The house has timber flooring and solid masonry block making it well established on this zoned medium density 1012m2 corner allotment. The fenced yard around the house has gated access from 2 streets. There is potential for an extended family in the house by renovating the lockable area downstairs into another self-contained apartment. Keep in mind the already existing separate granny flat.
This house is higher than most neighbouring houses allowing you to sit on the front and rear decks. The large open plan living house has 3 bedrooms, one with an ensuite, large built-in wardrobes and a walk in pantry giving you more room in the living area allowing to capture good airflow.
It is situated close to the schools, shops and John Street Oval.
Don't miss out on this opportunity.
Contact Ariah to make an inspection 0407 138 016