7/1 Forest Grove, Epping

Introducing 46 Wellington Road, located adjoining the prestigious North Quarter Estate of Murrumba Downs: A dual dwelling comprising a 2-Bedroom Upper Floor Unit with 1 Bathroom above a 3-Car Lockup Garage and located to the rear a luxurious 3-Bedroom Ground Floor Unit with 2 Bathrooms and 2-Car Port on a Spacious 705 sq.m. Block. The front and rear units have a firewall between them allowing for the possibility of separate titles. This modern and beautifully constructed home was built in 2010 to an exceptional standard, ensuring long-lasting quality and offering substantial tax depreciation benefits. The property boasts numerous impressive features that make it an excellent investment opportunity. The property is occupied by two fantastic long-term tenants who pay a combined $760 a week, offering a stable and reliable income stream for savvy investors for a gross rental yield of ~ 5% PLUS the tax depreciation. There is also an opportunity to construct an additional dwelling in the rear garden. It's worth noting that a nearby 866 sq.m. vacant block has received an offer of $850,000! The front, self-contained unit has a balcony with amazing views. The rear ground floor unit is gated to allow use of the extensive garden. Contact Nigel Lucas for further information.