Investment Opportunity - Duplex with over 7% return
An excellent opportunity to secure a fully tenanted duplex offering immediate returns and exciting scope to further enhance value. Set on a generous allotment, this property comprises two identical 2-bedroom units, each with its own private backyard and carport accommodation.
Both units feature practical, open plan lounge and dining areas, neat and tidy kitchens with upright stoves, and two well-proportioned bedrooms. The original bathrooms are in good condition and include separate toilets for added convenience. An external laundry is located within each carport, and air conditioning ensures year-round comfort for tenants.
Currently returning a combined $620 per week, this property delivers a strong gross return of approximately 7% per annum, making it an ideal addition to any investment portfolio. With potential to modernise and increase rental income over time, this is a smart buy with upside.
Rental Details:
Unit 1: $330 per week
Unit 2: $290 per week
Total: $620 per week
Approx. 7% gross return
Property Features:
Duplex of 2 x 2-bedroom units
Open plan living and dining
Neat kitchens with upright stoves
Two bedrooms per unit
Tidy original bathrooms with separate toilets
Air conditioning
External laundry to each unit
Single carport per unit
Whether you're expanding your portfolio or entering the investment market, this property offers strong returns today
Contact Amber Hornsby today to inspect ~ 0458 913 715
** Photo's are from when property was vacant - Property is now tenanted.
Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
Features
4 bedrooms
2 bathrooms
directions_car2 carspaces
directions_car2 carport spaces
crop_free1012 m² lot size
cottageDuplex Semi-Detached
Happy sellers in Home Hill
85%
sentiment_very_satisfied
85% of sellers in Home Hill reported that their sale price either exceeded or met their price expectations.
Home Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 18 reviews in Home Hill over the last 12 months.
Local market activity for 4 bedroom duplex semi-detached properties in Home Hill
Sold
For Sale
For Rent
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