Duplex on 1000 sqm with over 6% return!
For those of you looking for a solid investment, then look no further than this duplex complex. Complete with 2 separate units on one title, these 2 bedroom, 1 bathroom low set units with solid tenants in place, is a must for the investment portfolio. They both have 12 month leases in place until November 2017. The current rental agreement boasts no agency fees and has a good structure in place to ensure the property is maintained and the rent is covered. The duplex backs onto parkland and is in a good position in a popular pocket of Burpengary where shops, schools and transport are all a short drive away.
Both units feature:
2 bedrooms each
1 bathroom
Large U shape kitchen
Open plan living and dining area
1 car accommodation each
One title - only 1 set of rates
Good long term agreement in place
No body corporate fees
Tenants pay full water consumption
1000 sqm block
Both units are currently rented at $257.85 each per week with an annual gross income of approx $29 640
Gross return over 6%
Location:
1.4 km to Burpengary Train Station
100 m to bus stop on Bellini Road
1.3 km to Burpengary Plaza & local gyms
1.6 km to Burpengary State School
1.8 km to Burpengary State Secondary College
Invest in your future now and call today for an inspection or more information. Inspection is by appointment only with at least 24 hours notice.
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