PRICE REDUCTION to Offers Over $740,000. This Investment must be SOLD, please contact agent for more information.
We bring to the market a modern twist on an age old investment of bricks and mortar. Designed with diversity in mind this dual living property features two distinctly different rental products all under one combined roof, both with existing tenancies in place;
A large three bedroom, two bathroom home with a full fenced backyard, alfresco area and two car garage and,
An apartment sized two bedroom, one bathroom, one car home with an alfresco area and a small fenced grassed yard.
Currently the property has a very strong return without factoring capital growth. To give you an indication of how strong the rental market is in Peregian Springs we have booked a rental open day and already have 20 individual parties booked to view the three Bed side for permanent rental. As tenants get access to the popular Recreation Center with this property the demand is outstanding.
With no more available blocks of land zoned for dual living properties and the estate coming to the final stages of construction building new is simply not an option. We foresee that this will drive capital growth in the future which is already evident as with capital growth in homes in Peregian Springs jumping from 5% to an impressive 9.1% last financial year.
Just two years young this property can be a great investment renting both sides individually, or a family home with an extra investment helping to reduce mortgage payments or a family with grandparents all under one roof with more privacy and independence for everyone.
This property is in a great location and is a must see.