17a Cypress Drive, Marsden

ABOUT THE PROPERTY

Bedrooms
6
Bathrooms
3
Car spaces
4
Land size
618 m2
Building size
73 m2
Council area
Logan City
Year built
2017
Lot plan
2/SP236769 Marsden QLD
House type
House: One Storey / Lowset



HISTORY

Last sold 24/03/2020
$480,000



LISTING DESCRIPTION
as of March 2020

HUGE PRICE DROP - DUAL OCCUPANCY 6%+ RETURN No need to wait for construction, this approximately 2-year-old dual key property is ready to go. A win-win investment with great depreciation, great rent return, all on one title means 1 set of rates.Tenants currently in place in both residences, paying a combined rent amount of $630p/w, the property offers a 6+% return. With room to increase the current rental amounts on future leases, the return offered by the property is substantial. Creative, clever, contemporary: this two-storey brick, light filled dual residence projects significant style throughout its appealing spaces. Positioned on a 618sqm block and conveniently located close to a range of Primary and Secondary Schools, Marsden Park Shopping Centre & Library, dining precincts, as well as Logan Hospital and highway access. The flexibility of this dual home offers an endless array of options, where extended families can reside together without compromising on space or privacy, alternatively, you can live in one home and rent the other, or simply lease both, collect two rents and watch your investment grow. An added bonus is that the property is on one title, meaning no body corporate levies and only one lot of rates to pay.Both residences offer spacious tiled and air-conditioned, central lounge and dining zones, overlooking the modern kitchen with quality appliances. One side offers a four-bedroom configuration, with the master bedroom featuring a generous robe, air-conditioning and an ensuite, as well as, a sparking central bathroom servicing the additional three bedrooms. The other residence offers two bedrooms, with a main bathroom. The fully fenced and low maintenance yard is perfect for professionals as they offer space, without the hassle of a large garden to maintain. Each residence offers a single automatic, lock-up garage and an additional parking space. Ideal from every angle, don't delay as opportunities like this one don't come around often.