Have you been waiting for the “just right” investment opportunity to come along? Unable to find a property that offers strong returns on your investment dollars? Then this property is well worth your consideration!
A duplex has the enviable ability to have a continual revenue stream – if one half becomes vacant, the other half will still provide an income. Or mix your investment by living in one and renting the other. This property currently returns $415 per week, grossing a 7.2% Yield. Unit 1 has recently been refurbished throughout and Unit 2 has updated bathroom.
Unit 1:
- Vinyl timber flooring, recently painted
- Split system air conditioners in lounge and bedroom 1
- Modern kitchen with electric stove and abundant cupboard and bench space
- Recently updated bathroom with shower stall, vanity and linen press – separate toilet
- Carpets and built-ins in bedrooms
- Tenant paying $210 per week and lease until August 2019 (lived there for 1.5 years)
Unit 2:
- Carpet in lounge and bedrooms, vinyl flooring in kitchen
- Split system air conditioners in lounge and bedroom 1
- Kitchen with electric stove and abundant cupboard and bench space
- Recently updated bathroom with shower stall, vanity and linen press – separate toilet
- Tenant paying $205 per week and on a periodic lease (lived there for 4.5 years)
The Townsville property market is prime for investment and this is one opportunity that needs to be actioned. Please contact Craig to schedule a private inspection on 0400 048 940.