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Offmarket

Dual Income For $480K

Property ID: 16273425
Price $480K
Estimated Rent Unit 1 : $330 a week
Estimate Rent Unit 2 : $230 a week
Gross Yield 6.06%
To Be Built


If you are looking for a positive cash flow investment in a growth location and on a budget, this could be just what you are looking for. This dual income property is in a great location with everything your tenants need nearby. Vacancy rates are currently at just 2.2% and being new with a modern design these units will be in high demand.

Unit 1
3 Bedrooms, the main has a walk in robe while the others have build in robes
2 Bathrooms including en suite to master bedroom
Open plan living area
Ceiling fans in all bedrooms
Ceasar stone bench tops
Single lock up Garage with internal entrance
Outdoor Entertaining area

Unit 2
1 Bedrooms with walk in robe
1 Bathroom
Open plan living area
Ceiling fans to all bedrooms
Ceasar stone bench tops
Single lock up garage
Outdoor Entertaining area

450m2 block

Facilities Nearby

Bus stop 600m
Several childcare centres within 2.5km;
3 State Primary Schools within 2km;
State High Schools 1.7km;
2 Private schools within 2km;
Coles, Aldi X 2 and IGA are all within 2.5km;

Subway, Dominos, McDonald's, KFC, Red Rooster and Zarraffa's have all invested in the location.

Train Station 4.8km
Hospital 6km
TAFE 6km
University 6.5km

A $60million upgrade is taking place at a shopping centre 2km from the property. This will create an additional 250 ongoing jobs.

Being located half way between 2 Major Centres, with large parcels of industrial land, the region is attracting the attention of businesses looking to avoid traffic congestion in City while taking advantage of the and easier access to the nearby major regional centres.

The region has a strong history of long-term capital growth. Vacancy rates are currently at just 2.2% (2 - 3 % is considered a balanced market).

It has a strong, diverse and growing economy with the major employers being Manufacturing & Retail, Business & Community services, Construction & Agriculture.

There are approximately $2 Billion worth of private and Government funded Infrastructure projects proposed, approved or under construction. These projects are predicted to create approximately 10,000 ongoing jobs and thousands of construction jobs to the surrounding area.


Call Matthew Barnes on 0430 979 900 for further details and to answer any questions you have.

This property is part of the Free We Find Houses Direct range of properties: https://wefindhouses.com.au/invest/direct

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 450m2

Type: Residential, House

Investment Strategy: Positive Cash Flow

Gross Yield: 6.06%

Estimated Cash Flow: $37 per week

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 450m2

Type: Residential, House

Investment Strategy: Positive Cash Flow

Gross Yield: 6.06%

Estimated Cash Flow: $37 per week