Presenting an astute investment opportunity with the potential to add value by building a second storey (STCA), this large dual occupancy duplex enjoys a quiet, sought-after location within 100 metres walking distance of both Magnetic Island Harbour, Nelly Bay Beach, shopping precinct, gift shops, restaurants, cafes, supermarket, bus and school. Set on a level 1017sqm holding, the property consists of two separate spacious three bedroom apartments each with one bathroom per residence and with generous open plan living areas, kitchen and good size bedrooms. Both duplex apartments are fully self- contained and both have internal laundry facilities.
Providing a range of opportunities including the possibility of living in the one apartment while earning income from the other unit, renting out both homes or keeping it all for private family use, this versatile property is a real goldmine – particularly as it also has dual street off-street driveway parking for several cars. These apartments are currently rented for $175 per night or $910 per week through a very successful local holiday letting company called Best of Magnetic. The convenience and close proximity of your favourite beachside cafes, shops and boutiques makes these wonderful properties even more appealing.
The properties contain spacious sunny grassed garden area for total relaxation and a sparkling in-ground pool that is shared. 19 Mandalay Avenue offers two x three bedroom ground floor apartments in a complex of only two apartments. Thats right you can buy the 2 for the price of one! These properties are both self contained, with living rooms, dining rooms, three bedrooms and one bathroom each, laundry, full kitchen, Austar television, and BBQ area. The properties are fully fenced and safe for children. Call for an immediate inspection today.