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  • 2 Highview Place, BELVEDERE, QLD 4860

2 Highview Place, Belvedere, QLD 4860

  • 4 Bed
  • 2 Bath
  • 2garages

Sold

Sold for $355,000 (Apr 08, 2023)

Live in 1 and collect the rent on the other. Or collect rent on both.

This duplex is in the very sought after location of Belvedere. It sits on an elevated, flood free, corner block of just under 800 sqm and looks out over the cane fields and back towards town. One tenant has just vacated, and the duplex has been painted and had new floor coverings laid. The other tenant has been there for many years and loves the place. She has made the gardens her own and really looks after the unit. Both units have a single carport and a good sized back and side yard. They both have a lovely sunny front porch which have good outlooks and aside from a step or two, are all single level. Both tenants were paying $220 per week each, but the newly vacant unit would easily achieve $280. The rates are approx. $4200 per year, so the net on asking price would see you returning just under 6%. You can't get that on a term deposit. There is a bus that goes past the property and it is just a short hop into town. Rental demand is at an all time high in Innisfail as it is in most of the country, so a new tenant will not be hard to find if that is the way you want to go. Contact Michael Skuse

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avatar Michael Skuse
Michael Skuse
Principal

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Property Info:
  • Property ID: L20992372
  • Property Type:Duplex
  • Carports:2
  • Land Area:799 sqm

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R&H Suburb Profile: Belvedere
R&H Suburb SummaryHouses
Number of sales13
Average Price$391,923
Median Price$380,000
Median Rental Price$365 p.w.
Change in Rental Rate (5yr)7 %
Median Trend - $380,000

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