Top Location, Multiple Income, Be quick
9 Gibson Street, Buderim
Attention Property Investors here it is. The one you've been waiting for. The one you always seem to hear about too late.
A high set solid brick home on 817m2 land with two flats upstairs and a downstairs retreat.
This blue ribbon street at the top of Buderim is in demand with schools, parks, Buderim Village shops and transport all within walking distance.
The two upstairs flats are mirror images of each other with 2 bedrooms, 1 bathroom, kitchen and combined lounge/dining room. The bedrooms are good size with built-in robes and ceiling fans. The bathrooms have floor to ceiling tiles.
Hardwood timber floors to the living and dining with carpet to the bedrooms. Both upstairs flats have private use front and back stairs. The front stairs arrive onto a north facing balcony.
Each of the upstairs units have a single lock-up garage.
There is a shared laundry for tenants in the garage.
The downstairs retreat or storage area with low ceiling height of 2 metres is beautifully presented with tiled floor, air conditioning, stainless appliances and double sliding doors to a sleeping zone.
There is a carport for a 3rd vehicle on the south side.
The current rental for the upstairs flats are $330 and $320 per week totaling $650 per week. This represents a 5% yield at the asking price of $675,000
Any income from the downstairs retreat is pure bonus.
This firm yield is considered reflective of a duplex style property in a fabulous location on top of Buderim and given the high underlying land value
Call Mark Lawler on 0423 766 713 for more information or to make an offer.
Lot/Plan No: 45/RP95935
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