Are you looking to purchase your first investment or to put your money in a safe place with residential Real Estate being potentially the safest place to invest at the moment. If so, you must take a look at this fantastic opportunity as they rarely come to market, and when they do, they sell very quickly!
This low set duplex block is conveniently located in Glenvale close to local shops, Schools and public transport. The property consists of 2 × 2 bedroom units all with tenants currently in place and both paying $210p/w and situated on a 563m2 block. This brick beauty is affordable whilst low maintenance investing at its finest. The property offers you a solid rent return as well as a raise and renovate option.
Features of the duplex units are;
- Two carpeted bedrooms – with the large main bedroom having a built-in wardrobe
- Open plan kitchen/living/dining area
- Fully fenced, communal yard
- Tidy bathroom
- Detached single lock up garage for all car accommodation requirements
- Current rental returns- $210p/w for both units, leases ending in July 2022 & August 2022
This well presented brick unit is sure to impress! Located within a two minute walk of Wyalla Shopping & Service precinct and just a stones throw from beautiful parklands, this is the one you have been waiting for!
General Rates; $1440.72 per half year net with discount if paid on time.
Water Rates; $314.95 per half year net with discount if paid on time plus usage
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|R&H Suburb Summary||Houses|
|Number of sales||152|
|Median Rental Price||$478 p.w.|
|Change in Rental Rate (5yr)||36 %|
|R&H Suburb Summary||Units|
|Number of sales||41|
|Median Rental Price||$400 p.w.|
|Change in Rental Rate (5yr)||33 %|