A dual key property has a number of benefits. For investors, you get TWO income-producing properties on the one title, making them easy to manage. The low outgoings and high yield make this a fantastic income-producing investment. Rental income is estimated to be $750 – $790 per week for both properties.
Owner Occupiers
The property will also be attractive to owner-occupiers, where you can live in one unit and rent out the other to earn passive income or pay down your mortgage fast.
Extended Families
It can also be suitable for people with aging parents who need looking after but are not ready to be put into an aged care facility. The separate properties means everyone can be close but still retain their own privacy.
A dual key property offers maximum rental returns and these investments are in high demand.
Unit 1 – Currently rented @ $335 per week
- Lowset
- Two bedrooms with built-in robes
- Large central bathroom
- Modern kitchen with dishwasher
- Open plan living area
- Single lockup garage with remote
- Covered outdoor area
Unit 2 – Recently rented @ $415 per week (tenants vacating shortly)
- Double storey
- Three bedrooms including main with walk-in robe and ensuite
- Modern kitchen with dishwasher
- High ceilings and heaps of storage
- Air-conditioning and ceiling fans
- Open plan living and dining
- Single lockup garage
- Private covered outdoor area
- 2 bathrooms | 2 toilets
- Separate laundry
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