Brand New, Positive Cash Flow Duplex Pair, Great Location
Property ID: 8842673
Purchase Price $517,600
Rental Assessment $305 + $305 = $610 per week
Estimated Yield 6.18%
To Be Constructed
For less than $520K you can own a positive cash flow duplex pair ready to be strata titled, in a great area of 1 of Australia;s fastest growing regions. Each duplex unit will include 2 bedrooms, 2 bathrooms, a single lock up garage + extra parking bay, Alfresco Area and open plan Living & Dining area.
This duplex pair is full turn key. Some of the inclusions are;
* Colorbond Roof
* Stone Bench tops in kitchens
* Security Screens to doors & windows
* Stainless Steel Appliances
* Vertical Blinds throughout
* 2 Split System Air/Cons to each unit.
* Alfresco under Main Roof
* Lever Door Handles throughout
* Primeline Weatherboard to exterior walls
* TV Antenna
* Modern Lighting
* Exposed Aggregate Driveway extension
* Turf to yard
FACILITIES AND INFRASTRUCTURE NEARBY
There are Bus stops, Train station with direct access to the CBD, Restaurants and Cafe's within walking distance.
Within a 5 minute drive there are several Schools, Banks, Doctors, Pharmacy's, Bunnings, Australia Post and a Cinema.
2.6km to a TAFE campus.
3.8 km to CBD.
4 km to 2 Hospitals.
4.5 km to the largest Shopping centre in the City; with Aldi, Coles, Kmart, Target and Woolworths and over 150 specialty stores.
5 km to a $1Billion Industrial park.5.5km to a large new Industrial Park to be constructed and is expected to bring 14,000 jobs to the area.
5.5 km to a University Campus.
The population of this region is forecast to more than double in the next 16 years, bringing an additional 75,000 jobs to the area. An additional 120,000 jobs are expected to be created within travelling distance to this location.
There is currently $Billions in infrastructure spending planned for this city. As a result this region is projected by property experts to see strong capital growth over the next 3 years.
Vacancy rates have consistently been below 2.5% for a number of years and currently sits at 2.1%.
Available properties on the market have reduced 1/3 in the last 7 months.
There are currently only 2 blocks of land available for sale in the suburb. The location is established so there in limited opportunity to construct new housing.
These types of properties don't last long so call Matthew Barnes ASAP on 0430 979 900 for further details and to secure this investment opportunity.
This property is part of the We Find Houses fee FREE direct range of properties.