This property is under one title though has been leased as two separate duplex’s and is zoned Residential C!
This property allows the option that very few do!
You can potentially use this as one big house consisting of 4 very generous sized bedrooms, 2 large bathrooms, 2, kitchens, 2 car spaces.
The other option which the current owners have in place is to lease them as two separate duplex’s!
This way they consist of two bedrooms, 1 bathroom, 1 kitchen and air conditioned living, 1 car space and both have their own HUGE yard!
The front one has just been vacated and is IDEAL for the astute purchaser looking for a home in the Miami hot spot, while collecting an income from the back! However it was previously leased at $390 per week and would rent again at the drop of a hat!
The rear one has a tenant with a lease through till February 2021 and returning $420 per week.
Bringing the total return north of $810 a week AS IS!
They both have their own kitchen and living space!
This property is a great investment opportunity not only in rental returns potential though capital gains and even future redevelopment being on a Residential C block so hurry as this won’t last in this PRIME location!