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Offmarket

Positive Cash Flow Brand New Duplex Pair With Equity Uplift

Property ID: 18692755
Purchase Price $499K
Rent $330 + $280 = $610 per week (Estimated)
Yield 6.36%
To Be Built

Walking distance to the beach, you can pick up this brand new duplex investment on a large 880m2 block of land offering positive cash flow, for less than $500K.

And best of all, there is an estimated $40,000 equity uplift at settlement.

Woolworths, McDonald's, Subway, Australia Post, Suncorp and NAB have all invested in the immediate area. Close by your tenants will also find Child care, School, Restaurant's and Coffee shops.

PROPERTY DETAILS

Unit 1

3 Bedrooms main with Walk in robe, Built in robes in others.
2 Bathrooms, including en suite.
Split system air conditioning unit in Living area & main bedroom.
Open plan living/dining area.
Covered outdoor entertaining area.

Unit 2

2 Bedrooms.
1 Bathroom.
Split system air conditioning unit in Living area & main bedroom.
Open plan living/dining area.
Covered outdoor entertaining area.

Each unit has;

Quality European Appliances in the kitchen including fan forced multifunction Oven, Rangehood, Cooktop and dishwasher.
Stone bench tops in kitchen and bathrooms.
Hardwired smoke detectors.
Ceiling fans to all bedrooms and living rooms.
Full turnkey, ready for tenants to move in. This means all the landscaping, fencing and blinds will be installed.
Separate water and electricity will be set up with Council infrastructure charges paid by the builder.

Contact Matthew Barnes on 0430 979 900 for more details.

All properties referred to are a part of the We Find Houses Direct range of properties so no buyer's agency fees apply: https://wefindhouses.com.au/invest/direct

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 880m2

Type: Residential, Duplex Semi-detached

Investment Strategy: Positive Cash Flow, Equity Uplift

Gross Yield: 6.49%

Estimated Cash Flow: Positive $35 per week

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 880m2

Type: Residential, Duplex Semi-detached

Investment Strategy: Positive Cash Flow, Equity Uplift

Gross Yield: 6.49%

Estimated Cash Flow: Positive $35 per week