Off Market Duplex Pair Offering Positive Cash Flow and Capital Gains
Property ID: 19187425
Purchase Price $688K
Rent $390 + $390 = $780 per week (Estimated)
Duplex pair to be Constructed
No Body Corporate
Located in an infill estate, this duplex pair with 8 bedrooms and 4 bathrooms will be constructed by a quality builder with many years experience in the industry. It is a turn key construction which includes all Landscaping, Fencing, Vertical Blinds, Insulation, Render, Termite protection etc
The property is presented on 1 title, but can be delivered already strata titled if you prefer ($10K additional cost to strata title).
Each Unit has;
4 good sized Bedrooms, main with split system air conditioning
Remaining 3 bedrooms have ceiling fans
2 Bathrooms including ensuite to master bedroom
Caesar Stone bench tops and stainless steel appliances in the kitchen
Open plan living and dining area with air conditioning
Security screens through out
Single lock up Garage with internal entrance
Outdoor Entertaining area under main roof
Located in one of the most desirable locations in the suburb where rental yields and incomes are higher than the suburb average.
Facilities Nearby Include;
Child care 500m and several others within 2.5km;
State Primary Schools 1km, 1.8km and 2km;
State High Schools 1.2km;
Private schools 1.5km & 1.9km;
In surrounding suburbs are 4 Industrial/Business precincts that provide thousands of ongoing jobs for locals.
Train Station 5.9km
Bus stop 600m
Access to Motorway 8km
Coles, Aldi X 2 and IGA are all within 2.5km;
Subway, Dominos, McDonald's, KFC, Red Rooster and Zarraffa's have all invested in the location.
A $60 million upgrade has recently taken place at a shopping centre 2km from the property. This has created an additional 250 ongoing jobs.
Being located half way between 2 Major Centres in SE Queensland, with large parcels of industrial land, the region is attracting the attention of businesses looking to avoid traffic congestion in Brisbane while taking advantage of the easy access to the nearby major regional centres.
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.
Vacancy rates in the area have been low for a number of years and there has been high demand from renters for this style of living.
Contact Matthew Barnes on 0430 979 900 for more details.
Images used are from previous constructions by the builder to provide an indication to the quality of build you can expect with this property.
This property is part of the We Find Houses Direct range of properties so no buyer's agency fees apply: https://wefindhouses.com.au/invest/direct