Is A Duplex Right For You?
There are many pro’s when it comes to purchasing a duplex property as an investment or for owner occupier/investment. They are considered one of the more sophisticated property investments to have in anyone’s portfolio and for good reason.
Did you know with this particular duplex you will be sharing a common sound proof, fire proof wall and both sides of the home can be sold off separately (unlike a typical dual key home).
The home itself will be on one title, although you can strata title the property at a later date to sell off one side or both. The options are limitless.
FOR THE INVESTOR
This property offers you versatility in an investment by giving you more options than a dual key home. You can in fact treat it like a dual key home and simple enjoy the high rental yield that comes from having two completely separate 3 bedroom homes under one title – so only one set of council fees.
Or, you may choose to build the home to make an instant equity gain by strata titling and selling off both sides to make a profit. Or, you may choose to live in one side, or place a family member in one side and then rent out the other (or even sell off one unit to with the view to own the remaining unit well market value.
FOR THE OWNER OCCUPIER
This property will give you many choices. With 3 bedrooms on both sides this type of property would allow two families to buy in and build together to end up with two separate homes that they both own well below market value.
Alternatively, you may choose to live in one side and rent out the other side or have close friends or family move into the otherside. This style of property is perfect for growing families who would like to stay close to each other as they grow older.
First Home Buyers – This represents an amazing opportunity to purchase and build with someone you feel comfortable living beside you and obtaining your first home well below market value and be able to utilize the Govt’s First Home Buyer grant to maximise your equity uplift.
ABOUT THE LOCATION
This particular duplex build has everything at your finger tips with Caboolture Hospital and Uni-Campus only 3km away and the Caboolture train station only 2.5km away. Shopping is close by too, with Central Lakes Village only 3kms away and Morayfield Plaza a few minutes down the road. Both primary and high schools are within a short drive as well and Grace Lutheran College which is only 2.5km away.
And of course only 25 minutes away from the beautiful Bribie Island where you can fish and surf till your hearts content. Bribie Island is a great place to take the 4WD on the beach and find that secluded beachside oasis all to yourself and If you’re a boat lover, simply put your boat in at Bribie and go up the passage or straight out into the deep blue see that is Moreton Bay and head on over to Tangalooma or better still, a touch of reef fishing out past Tangalooma headland.
ABOUT THE PROPERTY
Configuration: Duplex
Single contract
DWELLING 1 – 3 Bed, 2 Bath, Single Garage
DWELLING 2 – 2 Bed, 2 Bath, Single Garage
Land size: 500m2 Land price: $252,000
Total build size: 235.62m2 Construction price: $408,800
Fixed Price: $660,800
Ready to move in quality Inclusions
- Duplex design
- Infrastructure + MCU fees included
- Brick veneer construction
- 6 star energy efficiency
- Turf & 12 SQM landscape gardens
- Fully fenced
- Concreted driveways, paths & patios
- Split to both units with remote controls
- Lever door handles throughout
- Fully painted with Taubman’s quality paints
- Stainless Steel Euromaid appliances
- Clothesline, TV antenna & letterbox
- Carpet & Tile throughout
- Vertical blinds to all windows
- Safety screens & window locks
- Security screen to external doors
- Fan light to bedrooms
- Garage remote controls
- 6yr Structural Warranty
- 12mths Maintenance period
+ Strata Titling optional
Completing an expression of interest and an initial (refundable) deposit of $1,000 will secure this property
Contact John Scanlan on 0407375932 for full details or email on john@assetpropertypartners.com.au visit more properties like this at www.assetpropertypartners.com.au
We supply house and land packages to suit your needs and budget anywhere across South East Queensland. Simply tell us what you’re looking for and we will search across our network of trusted builders to provide your ideal solution. We’ll save you time, we’ll save you money and we’ll give you peace of mind knowing the job will be brought in on time and without any unwanted surprises.
Call John Scanlan for more information – 0407375932