Unit 1 consists of 2 good sized bedrooms with built in cupboards, a large open plan kitchen/living and dining area with raked ceilings and exposed beams, a good sized bathroom and a separate toilet and laundry. There is no doubt that unit 1 could do with new paint and a general tidy up but it would also increase the value as well as achieve a higher rent return than the current $210pw.
Unit 2 is more spacious and features 3 built in bedrooms as well as a good sized kitchen, a large lounge room with raked ceilings and a brick feature wall, a good sized bathroom with a separate toilet, a laundry and a single lock up garage. Unit 2 is in a much better condition and there is nothing that needs to be done but some modernising and updating would certainly improve its value and also increase the current rent of $215pw.
This duplex is as solid as a rock and presents a great opportunity to improve its value out of sight without spending a lot of money. It is well positioned on a big 697m2 block which provides a great option to create a huge private yard for each unit with some new fencing, something which is sorely missing from most newer builds and is highly sought after when looking for new tenants.
Features;
UNIT 1
⢠2 built in bedrooms
⢠Large open plan kitchen/living/dining
⢠Raked ceilings with exposed beams
⢠Good sized bathroom
⢠Separate toilet
⢠Separate laundry
⢠Single garage
⢠Returning $210pw
UNIT 2
⢠3 built in bedrooms
⢠Good sized kitchen/dining
⢠Large lounge room with brick feature wall
⢠Good sized bathroom
⢠Separate toilet
⢠Separate laundry
⢠Single lock up garage
⢠Returning $215pw