BLUE-CHIP INVESTMENT-HUGE DUPLEX
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.