Sold
Private Inspection Only
Two Units - One Title
This already-earning investment opportunity holds a host of appeal for the savvy investor. Each of the two-bedroom units in this centrally located duplex is robustly constructed and low maintenance. The units are on the one freehold title in a medium density residential zone, with the opportunity to strata title (subject to Council approval). The current rental return for the property is $795/week due to well regarded long term tenants, future rent potential of approx. $900/week.
Features:
- Each unit has: two bedrooms, all with built-in wardrobes; bathroom, laundry, kitchen & living area - Robust construction inside and out - brick exterior, with brick and besser block interior walls
- Hard-wearing flooring - tiled for Unit 1 and vinyl for Unit 2
- Lock-up garage for each unit with automatic roller doors
- Central location - just a few minutes drive to: Burnside State School and Burnside State High School, train station, hospital, TAFE and CBD & shopping zone.
- 8 mins from the Bruce Highway, 25mins to the beach
- Established, low maintenance yard with 3m x 3m shed
- Crimsafe security screens
- Insulated ceilings
- Air Conditioning
- Separate electricity meters
- Quiet No Through Road
- Both units are already rented with well-regarded, long-term tenants
This property is a fantastic and rare investor opportunity - great location, low maintenance, with reliable rental income and prospects for further development.
Contact Chris on 0408 154 947 to arrange your private inspection.
*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 as representations of fact but must instead satisfy themselves by inspection or otherwise.