New Duplex under construction. Completion is expected in May 2015.
This Duplex will be totally completed and ready for your tenant to move into and enjoy.
Ideal investment property suitable for your Self Managed Super Fund. Each Duplex Unit will have individual titles and can be sold separately.
Each Unit consists of 3 Bedrooms all with Built-in-Robes, Master Bedroom features a Walk-in-Robe and Ensuite with his and hers vanity basin. The separate Meals and Air-conditioned Family area flow out onto the Outdoor Living area. Kitchen with Stainless Steel Appliances including Cook Top, Oven and Range Hood. Each Unit also has a separate Laundry and Garage with Storage Cabinet.
Full Turnkey Inclusions:
External finish: Brick and Tile. Inclusions: 1 split air conditioning unit, carpet and floor tiles, light fittings throughout, vertical blinds, security screens, heater / exhaust / lights in bathroom and ensuite, framed vanity mirrors, toilet roll holder and double towel rails, 3 coat paint system to walls and ceilings, clothes line, electric hot water system, TV antenna, letterbox, concrete driveway & path to front porch, turf and landscaped garden, gravel to narrow side boundaries, timber fences with returns to house and side gate.
Full Turnkey Duplex: $330,000.00 per Unit or $650,000.00* for both (*Please note, if sold together for $650,000 the units will not have individual titles).
Land Size for each Unit approx.: 300m2
Size of each Unit: 159.6m2
For the Investor: The expected rent for both Units is about $700.00 to $720.00 per week* (Approx. Rental Yield 5.6% to 5.76%*).
Please Note: The plan, the drawing of the facade and the furniture in the plan is an Artist Rendition and is for illustration purposes only and should only be used as a guide. Also the Plan, Prices, Specification and Availability may change without notice.
All care has been taken that the information has been correct at the time of preparation.
*Please Note: Rental Yield is a representation of the total rental income received as a percentage of the initial purchase price. This estimate may change depending on the demand for rental properties at the time of completion. The accuracy of any information obtained from a third party and used in preparation of the Estimate of Rental Price cannot be guaranteed by Lion Realty.