High-Yield Opportunity – Two Tenanted Units on One Title!
Units 1 & 2/290 Bloxsom Street, Koongal offer an exceptional opportunity to secure a duplex on one title in a quiet, well-connected location. Perfect for investors seeking strong rental returns and minimal upkeep, this property has been renovated in recent years and features modern upgrades, air conditioning throughout, and a brand-new roof installed just six months ago. With both units tenanted, providing an immediate rental return, and no body corporate fees.
Each unit offers two bedrooms and one bathroom, with modern upgrades that enhance comfort and appeal. Unit 1 has been further improved with a stylish updated kitchen, while both units boast renovated bathrooms and have been freshly painted in recent years and both offer a secure lock up storage and garage space.
Situated in a quiet, well-established neighbourhood, this duplex offers a highly desirable lifestyle for tenants. With its prime location within walking distance to Mount Archer School and a short drive to other schools in the catchment, this property will always attract strong rental demand, ensuring no vacancy periods.
Everyday essentials are right at your doorstep, with major shopping centres just minutes away, offering supermarkets, retail stores, dining options, and essential services. Public transport is easily accessible, providing seamless connectivity to the rest of Rockhampton. Additionally, nearby parks and recreational facilities create a fantastic lifestyle opportunity for tenants, making this property even more appealing.
Financials:
• Unit 1: $340/week rental income (Lease Expires in April and new rental appraisal $380-420/week)
• Unit 2: $340/week rental income (Just renewed for 12 months)
• Council rates: $2,926 per half-year
• No body corporate fees
This is a low-maintenance, high-yielding investment in a sought-after area, making it ideal for investors looking to expand their portfolio with ease.
