This contemporary duplex style twin residence property offers plenty of attributes for the discerning investor. First and foremost enjoy a healthy gross yield in excess of 5.5% (with strong potential to grow further in the future) with the added bonus of two separate rental streams ensuring less exposure to vacancy income variations. Barely 2 years old, maintenance is at a minimum (and you can keep the accountant happy with a suitable depreciation schedule).
Equally perfect for an extended family wanting genuine dual living as the single title ensures there are no body corporate complications to consider, with ease of ongoing ownership. Perhaps even live in one and rent out the other – the options are many!
Both units are finished to a similar high standard with chic modern kitchens (featuring stone bench tops and stainless appliances) and stylish bathrooms. Common living areas benefit from smart and practical floor tiles, plus air-conditioning. All bedrooms are doubles and built in (with ceiling fans). Each unit has its own covered under roof entertaining area and security screens throughout.
Unit 1 Configuration:
3 bedroom, 2 bathroom (ensuite to master), 2 garage with private fenced yard. Open plan lounge and separate dining area with central kitchen.
Unit 2 Configuration::
2 bedroom, 1 bathroom, 1 garage with private fenced yard. Open plan lounge/dining with rear kitchen.
Well situated on the corner of a quiet street close to Dances Road Sportsfields, Pumicestone State School and Australian Christian College (with easy access to Caboolture CBD/Station and Bruce/D’Aguilar Highways). This impressive property offers strong and reliable income or highly flexible live in options, so don’t delay! Call Greg or John today for more information and to arrange an inspection.