Genuine investment opportunity to acquire this duplex pair, close to the Pumicestone passage in a convenient and location..
Both units have undergone some recent improvements and generally in
good order which mean you are likely to experience lower ongoing maintenance /holding costs.
Both on one title so only one set of rates, no body corporate requirements or associated fees. We have also been advised that strata titling should be possible if required with practically complete firewall already in place.
Both currently leased with secure tenants in place with a gross rental income of $575 per week.
Good prospects for equity growth and with a gross return of approximately 5.2%, it is a genuine investment opportunity. Its your window of opportunity to lock into traditionally low interest rates at the bottom of the property market and reap the rewards in years to come as rental returns and values go up.
Briefly each unit comprises two bedrooms, open plan living with low maintenance tiled floors, kitchen, family bathroom and single lock up garage. Outdoors there is a lovely garden to the rear and beautiful area to the front of each unit with a sunny disposition, a wonderful place to sit out and enjoy the sunshine.
We are experiencing a shifting property market where opportunities are becoming less and returns are on the up, so if you are looking for a secure investment this is a very timely. Call today to arrange your inspections.