Duplex Unit Under $300K Returning Greater Than 6.5%
Property ID: 15504375
Purchase Price $285K
Rent $360 per week
Gross Yield 6.56%
On offer here is a modern and well maintained duplex unit in an established, modern and family friendly estate. This duplex is located opposite a play ground in a quiet estate. Situated just 650m away is a shopping centre with Woolworths, McDonald's, Subway and Zarraffa's. There are 3 schools, a Child care centre, Bunnings, Restaurants and Parks within a 5 minute drive.
There is a train station 3km from the duplex and the local CBD region is just a 5 minute drive.
* Age 6 years;
* 3 Bedrooms, master with walk in robe and built in robes in bedrooms 2 & 3;
* 2 Bathrooms, including en suite in master;
* Open plan kitchen & dining area;
* Separate lounge room;
* Modern kitchen;
* Air-conditioning in main living room and master bedroom;
* Security screens throughout;
* Ceiling fans throughout;
* Single lock up garage;
* Water tank;
* Fully fenced back yard.
Being located half way between 2 Major Centres, with large parcels of industrial land, the region is attracting the attention of businesses looking to avoid traffic congestion in City while taking advantage of the and easier access to the nearby major regional centres.
The region has a strong history of long-term capital growth.
It has a strong, diverse and growing economy with the major employers being Manufacturing & Retail, Business & Community services, Construction & Agriculture.
There are approximately $2 Billion worth of private and Government funded Infrastructure projects proposed, approved or under construction. These projects are predicted to create approximately 10,000 ongoing jobs and thousands of construction jobs to the surrounding area.
Call Matthew Barnes on 0430 979 900 for further details and to secure this investment.