If you are looking for an addition to your investment portfolio and don’t want to have to outlay a fortune but still want a decent return well then this duplex is the one for you.
Each side of the brick duplex has 2 builtin bedrooms, a large reverse cycle air-conditioned combined lounge and dining room off of the modern kitchen which has a bench oven and cook top. Bathroom with shower, bath and vanity, separate toilet, security screens.
Your car is looked after with a single integral lock up garage with remote controlled door and a separate laundry.
Unit 1 is tenanted until 19/11/2020 for $255 per week she is long term tenant. Unit 2 is tenanted until 28/02/2012 for $260 per week. Combined income of $515 per week. Gross income of around 7.7%.
Another feature of this property situated in a cul-de-sac location with no Body Corp.
For further details or to arrange an inspection contact the listing agent.
|R&H Suburb Summary||Houses|
|Number of sales||291|
|Median Rental Price||$310 p.w.|
|Change in Rental Rate (5yr)||5 %|
|R&H Suburb Summary||Units|
|Number of sales||22|
|Median Rental Price||$230 p.w.|
|Change in Rental Rate (5yr)||10 %|