Strata Titled Duplex Pair Under $600K For Both
Property ID: 15573045
Purchase Price $598K
Estimated Rent $750 per week
Estimated Yield 6.52%
Each unit has 3 large bedrooms, 2 bathrooms and a double carport.
Master bedrooms all with en suites.
New carpet and new paint throughout.
New colorbond fencing.
Security screens throughout.
Unit A has been renovated throughout plus has an outdoor deck overlooking an in-ground pool.
Unit B has a large deck overlooking a large yard.
This location is set to see an average of another 10,000 new residents each year for the next 20 years. It has been tipped by a number of property experts to see strong capital growth over the next few years.
Vacancy rates are at just 1.6% (2 - 3% vacancy rate is considered a balanced market) and there is more than $2 Billion worth of infrastructure investment either approved or under construction in the location.
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 the 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;
It has a strong, diverse and growing economy with the major employers being manufacturing & retail, business & community services, construction & agriculture;
The property is close to many existing facilities;
Primary School 1km.
High school 1.3km.
5 childcare centres within 1.5km.
Shopping centre with around 28 stores including another Coles - 1.4km.
Woolworths (under construction) - 3.2km.
Hospital - 3.4km.
Industrial Estate - 3.5km + others within a 10 minute drive.
TAFE - 4km.
University Campus- 4.8km.
Motorway with access to Brisbane, Ipswich, Toowoomba and Gold Coast - 4km;
Shopping Centre with about 220 stores including Myer, Kmart, Coles, Woolworths, Bi-Lo, Aldi & Event Cinemas - 9.6km;
Call Matthew Barnes on 0430 979 900 for further details.