This is a unit on a lot in 598/RP723564 Kirwan QLD. Based on comparable properties, its value is $265,000. Constructed in 1980, featuring 4 bedrooms, 2 bathrooms.
Here comes Opportunity....... Have you been waiting for the "just right" investment opportunity to come along? Unable to find a property that offers strong returns on your investment dollars? Then this property is well worth your consideration!A duplex has the enviable ability to have a continual revenue stream - if one half becomes vacant, the other half will still provide an income. Or mix your investment by living in one and renting the other. This property currently returns $415 per week, grossing a 7.2% Yield. Unit 1 has recently been refurbished throughout and Unit 2 has updated bathroom.Unit 1:- Vinyl timber flooring, recently painted- Split system air conditioners in lounge and bedroom 1- Modern kitchen with electric stove and abundant cupboard and bench space- Recently updated bathroom with shower stall, vanity and linen press - separate toilet- Carpets and built-ins in bedrooms- Tenant paying $210 per week and lease until August 2019 (lived there for 1.5 years)Unit 2:- Carpet in lounge and bedrooms, vinyl flooring in kitchen- Split system air conditioners in lounge and bedroom 1- Kitchen with electric stove and abundant cupboard and bench space- Recently updated bathroom with shower stall, vanity and linen press - separate toilet- Tenant paying $205 per week and on a periodic lease (lived there for 4.5 years)The Townsville property market is prime for investment and this is one opportunity that needs to be actioned. Please contact Craig to schedule a private inspection on 0400 048 940.