Unusually this duplex development has never been subdivided or strata titled. You have a duplex pair on the same title giving you multiple investment and/or residential occupier opportunities.
Currently each duplex has fixed term tenancies in place giving you a great rental return which if sold at the asking price would give you a gross return of 11.34%. How good is that? If you wanted to live in one at some time in the future then you could then have the second one continue to be rented out and paying just about all of the mortgage. That’s a cheap home by anyone’s standard. Maybe you have a family member who would like their own space yet needs to live in the same area. If so this is made for you. As you can see the opportunities are endless and determined only by your own needs and imagination.
The units are both three bedroom with one bathroom and are constructed of fibro and iron.. They have jarrah flooring and have been renovated in the past few years to perform as investment properties and as such are low maintenance. They can also be easily converted to be used as one house rather than two separate living areas if that is your need.
The town of Kulin is in the eastern wheat belt region of WA approx 280 KM from Perth. The town is an agricultural centre for a district whose main activities are wheat and sheep farming. Kulin is attractive in that though having a low population it is well serviced with a broad range of services and infrastructure along with community groups and events essential for not only farmers but families.
These include shopping facilities, schooling including high and primary as well as a child care centre, medical centre, post office with library, retirement home and of course a police station. The local water slide is considered the biggest in Regional W.A so what more can you ask for?
For further information call Julie on 0409881020
Property Code: 4438