TWIN UNITS - TWIN INCOME!!
These are not identical twins, but this single property is comprised of a sizeable 2-level unit PLUS a separate self contained studio on a 3rd level.
They currently generate $530 per week which is a whopping 6.6% gross return for investors. Alternatively, owners could occupy one part and collect income from the other part. The studio is currently rented at $175 per week with a completely independent set up from the 2 bed unit, including its own car port and its own internal laundry.
With the financials looking that good, you might expect a modest unit, but don't be too pessimistic. This is a quiet side street location with the unit and studio at the back of the block, overlooking the pool! The interiors are fresh and well maintained with minimal upkeep required. The main unit has its own remote control lock up garage.
The location is walking distance to Greenslopes and Holland Park shops with an excellent bus service for commuters.
This would make a fantastic step on the investment ladder for first home buyers and experienced investors.
Call for more details on 07 38480202
Lot/Plan No: 8/BUP106786