Act fast to secure this incredible investment opportunity, which comprises a brick duplex, positioned on a level 607sqm Low-Medium Density Residential block. Featuring two attached two-bedroom residences, each are separately rented and provide and outstanding return of $690 per week. Both tenancies have recent updates and present well internally.
Positioned on a whisper quiet inside street, the duplex is within walking distance of Zillmere train station and within easy reach of the Brisbane CBD (12km), Prince Charles Hospital and Westfield Chermside Shopping Centre (5 minute drive).
Whilst the duplex provides a rare investment opportunity in its current form, savvy investors and developers will realise the property’s Low-Medium Density Residential classification provides massive scope for future redevelopment (STCA).
This one won’t last, so act quickly to avoid disappointment.
Special Features Include:
- 607sqm Low-Medium Density Residential block with potential for redevelopment (STCA)
- Low maintenance lowset brick construction
- Both units have beautiful cathedral ceilings and the same floor plan internally
- Each unit has a private entrance and features two built-in bedrooms, one bathroom, spacious lounge/dining area, internal laundry, single lock-up garage and private yard. Both tenancies have modern Caesarstone kitchens, are low maintenance in nature and have always been easy to rent.
- Security screens, air-conditioning and fans installed
- Investigate the possibility of strata titling both units to sell separately (STCA)
Unit 1 has a new Caesarstone kitchen and is neat and tidy throughout. It is rented to a couple for $340 per week until April 2023.
Unit 2 has been refurbished internally and presents to a high standard. The recent renovation includes a new kitchen, updated flooring, refurbished bathroom, fresh paint and new blinds. It is currently rented to a young family for $350 per week until March 2023
For further information or to arrange your inspection, please contact DANIEL WATERS.