THE COMPLEX
This 1481m private estate is located in the much sought after suburb of Fairfield Waters.
The complex consists of one four bedroom home plus a duplex of two, three bedroom units – all beautifully presented and maintained.
Entry past the stone front wall to the home on the left hand side with the duplex on the right. The exterior appearance is neat and tidy as is the complex, care has been taken here.
Private courtyards are provided for both units and the home a backyard. The shared heated pool is able to be fenced off still allowing side access to the yard. Each property has its own parking and there are an additional two parking bays are next to the house, room for a boat or trailer. Side access from the street provides for extra parking near the units.

THE HOME
This Cavalier built home is less than twelve months old and with its clean lines throughout is perfect for our climate.
Enter via a front porch to an open plan layout with the home tiled throughout and split systems to cool you down. The living leads to the kitchen cleverly out of sight from the entry with views to the pool and patio. The stylish gas appliances, pantry and dishwasher will keep any chef happy and the excellent servery area doubles as a breakfast bar.
The family can happily utilise the separate theatre room, while keeping the noise down in the main living area again with a pool view.
The master bedroom is located at the front of the home and features an en suite and walk-in robe.
The other three family bedrooms are located off the living area and a sliding door provides a separate area for the family. All bedrooms have split systems and built-in wardrobes and the family bathroom with separate toilet and laundry are all located in this area.
The patio is covered and provides a perfect area to relax while in view of the heated pool complete with slide – swim all year around here.

THE DUPLEX
Larger than most, the two units have been designed with different layouts.
UNIT ONE
The front unit with its portico entrance opens to the dining and lounge with a kitchen hidden from view while having a lovely outlook to the yard. Clean lines throughout with tiles to the main living areas and air conditioning. This unit has three bedrooms, all with built in wardrobes and air conditioning with the master featuring an ensuite and walk-in robe.
The family bathroom and separate toilet are located near the bedrooms. The lock up garage has the laundry and a large storage area. There is a private courtyard area accessible from the living which provides a relaxing place to unwind.
UNIT TWO
The rear unit has an entry towards the back via a patio and a larger courtyard area.
Again clean lines throughout – fully air conditioned and tiled in the living areas. The kitchen has a large servery area and is tucked out of view to the entry. The master bedroom with its ensuite and built-in robe is spacious and has a courtyard outlook. Bed two and three are both a good size and feature built-in wardrobes and air-conditioning.
A separate bathroom with bath is located central to the layout; the internal laundry opens out the side courtyard. The lockup garage is currently used as a second living area, making this as large as most homes. A store area is accessible from this room.

THE RETURNS
Both units are currently tenanted and are larger than most, both are in excellent condition. The duplex is currently rented for $350 per week and $370 per week.The home is rented for $460 making a total of $1180 per week, $61,880 per year. The complex is on one title and the current rates are $2250 half year.
As the complex is on one title and not strata titled there are no body corporate fees.

THE OPPORTUNITY
Various scenarios exist for this complex – either extended family living; continuing to rent out the properties; strata title the complex (STCA) – you decide.
Fairfield Waters is superbly located minutes from the City in one direction and the busy hub of the Army, University and General Hospital in the other. With new shopping centres, a superb hub of Deli, Butcher, Bakery and restaurant dining, this is an idea location.

Full depreciation schedule available dated 22.07.2012.