Fantastic Investment Opportunity in Prime Location!
Located in an appealing position in Eastern Heights only moments from Limestone Park, the Ipswich CBD, great schools, shops, transport and more these two flats are a fantastic income producing opportunity for the Savvy investor. Formally registered as flats with the ICC allowing for two independent income streams, helping ensure there is minimal down-time over the life of your investment (if one tenant needs to move out you still have one unit producing rent while you secure a new tenant).
The property is currently configured as a 2 bedroom, 1 bathroom flat and a 1 bedroom, 1 bathroom flat each with their own kitchens and living areas. Each unit also has access to it’s own single carport and a shared laundry. The property is currently fully Let returning $425 per week with the potential for a rent review coming up in July. Well maintained over the years, the property is complete with steel adjustable stumps, near new Colourbond roof, carpets and flooring throughout. You don’t want to miss out on this investment opportunity!
FEATURES AT A GLANCE:
- Spacious 2 bedroom flat + 1 Bedroom flat formally registered with Ipswich Council.
-Each flat is complete with it’s own kitchen, bathroom and covered parking space.
- 668m2 block with a wide frontage in fantastic position close to amenities.
- Individually metered for electricity allowing tenants to establish their own connections.
- Smoke alarms have been upgraded to comply with new legislation.
- The Two flats producing two sources of rent means it is very rare the property is ever completely vacant, helping insure a steady flow of income.
- Solid hardwood flooring, framing and exterior cladding throughout.
- New Colourbond roof installed on main building and laundry in recent years.
- Fully engineered Adjustable steel Stumps.
- Full external re-paint of main building and laundry using high-quality Wattyl Solar-Guard paint completed in the last couple of years.
- New carpets and hard-wearing vinyl floors installed throughout both flats within the last couple of years.
- New oven / cooktop recently installed in Flat 1 (not currently shown in photos)
- Updates made to bathrooms of both flats in recent year.
- Termidor termite barrier installed around main building.
BENEFITS OF THIS FANTASTIC LOCATION INCLUDE*:
- Convenient position with excellent access to a wide range of services helping you secure and keep tenants long term.
- Only 500m to Queens Park.
- Only 2km to the Ipswich CBD, Coles, St Andrews private hospital, Ipswich Hospital and Rail.
- Less than 500m to Silkstone Village shopping centre and local bus stop.
Call for more information today – You won’t want to miss this opportunity!
(*please note, all distances are approximate)