Positioned in a quiet street on the sought-after south side of town, just a short stroll from Denison Primary School, this well-maintained duplex offers an exceptional opportunity for the savvy investor.
Currently tenanted with fixed-term leases in place with State Government Tenant , the property generates a strong combined rental income of $1045 per week providing immediate and growing returns.
Set on a single title, the duplex incurs no body corporate fees, enhancing long-term value and cash flow.
Property Features (Both Units):
• 2 X 3 generously sized bedrooms with built-in wardrobes
• Master bedrooms with walk-in robes and private ensuites
• Spacious open-plan living and dining areas
• Modern, well-appointed kitchens
• Split system air-conditioning throughout
• Double remote lock-up garages
• Fully landscaped gardens
• Privacy fencing for each unit
• Covered outdoor entertainment areas
Investment Highlights:
• Combined current rental return: $54,340 per annum
• Unit 1: $500/week till Feb State Government Tenant –
• Unit 2: $545/week State Government Tenant –
• Council rates: $2,786.60 per half-year + water usage approx
• Insurance:$4773.72 annually
• No body corporate
This is a rare, turn-key investment opportunity offering strong yields, long-term leases, and a desirable location close to schools and town amenities.
Contact Clinton Adams today on 0428 875 875 to arrange your inspection.
Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this advertisement.
