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Duplex Pair on One Title!

Property ID: 17205755
Purchase Price $550K
Rent $325 + $285 = $610 per week
Yield 5.77%
Built 2010

With the vendor looking for a quick sale, this duplex pair on 1 title presents an opportunity to purchase for under market value. With great rental returns this opportunity will provide most investors with positive cash flow from day 1.

Situated in a quiet location just a 10 minute drive to Westfield Shopping Centre which has more than 200 stores including Myer, Coles, Woolworths, Big W, Target, and Cinemas with Ikea and Costco nearby.

There is also a large industrial estate nearby that has mostly been sold and developed. It is expected this area will employ 12,000 people once completed.

There is a bus stop just 250m from the duplex that will connect your tenants to a new University under construction. The university, due for completion in 2020, is projected to have 10,000 students.

Alternatively they can drive 7 minutes to the train station, which is just 1 stop from the new University.

Other facilities within a few minutes drive include Supermarkets, Schools, Childcare, Chemist, Medical facilities, Restaurants, Cafe's, Bunnings, Banks and Parks.

The duplex pair is currently on 1 title and has the potential to be strata titled, subject to Council approval. It is located in 1 of Queensland's best markets for capital growth.

UNIT 1

3 Bedrooms all with built in robes and ceiling fans
Kitchen with modern appliances, including dishwasher
Alfresco area under main roofline
Spacious open plan living and dining areas
Separate laundry
Single Lock up, remote control garage
Security screens throughout
Air conditioning
Currently rented at $320 per week

UNIT 2

2 Bedrooms with built in robes and ceiling fans
1 modern Bathroom
Spacious open plan living and dining areas
Kitchen with modern appliances, including dishwasher
Alfresco Area under main roofline
Separate laundry
Single lock up, remote control garage
Security screens throughout
Air conditioning
Rented for $285 a week

Contact Yujin Yeoh on 0479 191 815 for more details

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Type: Residential, Duplex Semi-detached

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Type: Residential, Duplex Semi-detached