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Duplex Pair In An Area Set To Boom

Property ID: 18827425
Purchase Price $550K
Rent $350 + $290 = $640 per week (Both on long term leases)
Yield 6.05%
Built 2008
Brisbane Metro Region

Pick up a return of more than 6% in an area set to see strong capital growth, 25km from the Brisbane CBD. With buyer demand and enquiries increasing while supply is getting shorter, this location is set to see capital growth sooner rather than later.

Add to the mix the approval for a new University campus which will have 10,000 students, just 6km away and it is easy to see why this location is becoming highly desired.

LOCATION

Shopping Centre 2.3km.
Bus stops within walking distance.
Train station with access to the Brisbane CBD 6km.
6 Schools and 4 childcare centres within a 10 minute drive.
Wooloworths, Coles, Foodworks and IGA within a few minutes drive.
Several parks within 5km.

PROPERTY DETAILS

Unit 1

3 Bedrooms, main with Walk in robe.
Built in robes in bedrooms 2 & 3.
Ceiling fans in bedrooms.
2 Bathrooms, including en suite.
Modern kitchen with stainless steel appliances.
Split system air conditioning unit in Living area.
Open plan living/dining area.
Double lock up garage with internal access.
Covered outdoor entertaining area.
Security screens throughout.
Lease in place until Dec 2019.

Unit 2

2 Bedrooms, both with built in robes.
Ceiling fans in bedrooms.
1 Bathroom.
Modern kitchen with stainless steel appliances.
Split system air conditioning unit in Living area.
Open plan living/dining area.
Security screens throughout.
Lease in place until June 2018

Please note, initial enquiries indicate the units can NOT be strata titled.

For further details call Matthew Barnes on 0430 979 900.

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 614m2

Type: Residential, Duplex Semi-detached

Investment Strategy: Capital Growth

Gross Yield: 6.05%

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 614m2

Type: Residential, Duplex Semi-detached

Investment Strategy: Capital Growth

Gross Yield: 6.05%