Does a 10% pa return on an investment of $364,000 for a 2-unit duplex ring your bells? What if this could be quickly increased as approvals are in place to build another duplex on the same block? On offer NOW are 2 duplexes at 103 and 105 Eva Street, Cloncurry.

Each duplex offers -
* Two fully furnished 2 bedroom + 2 en-suite units, each with air-conditioning, white goods, beds and kitchen supplies
* Built 18 months ago
* Long-term tenants currently paying $700 /wk
* 1039 m2 block with approvals to construct a second duplex on the block
* Power, water, phone (3 separate phone lines in each unit) and sewered
* Access from Eva St which is sealed, kerbed and channeled

Cloncurry is a rural town in north west Queensland, 770 km west of Townsville. The town derives it’s main income from the mining and pastoral industries. The town itself is nestled on the banks of the Cloncurry River and is the administrative centre for Cloncurry Shire. In 2006, the town had a population of 2,384 and demand for unit-style accommodation remains high.

At $364,000 per duplex or $728,000 for the whole package and returning 10% this is a fantastic opportunity!

Motivated sellers want to see all offers. Please call Tony Dowling 0407 174 610