Comprising two separate Titles, the duplex style property is perfect for the investor, each townhouse comprising two bedrooms, built in robes, 2 x in wall air conditioners, lounge room plus kitchen-meals area, internal access to the attached lock up garage, covered outdoor area, separate yard. Total land area of both allotments 1360 square metres. Combined income of $560.00 per week with existing tenancies. Agent says this absolutely beats bank interest, showing a gross return of 8%.
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|R&H Suburb Summary||Houses|
|Number of sales||109|
|Median Rental Price||$290 p.w.|
|Change in Rental Rate (5yr)||-40 %|
|R&H Suburb Summary||Units|
|Number of sales||9|
|Median Rental Price||$210 p.w.|
|Change in Rental Rate (5yr)||17 %|