Double the income, halve the hassle, double the potential, half the risk - this is the ultimate set-and-forget investment!
For investors, self-managed super funds or those looking to secure a solid, low-maintenance asset with immediate income, opportunities like this are increasingly hard to find.
Offered for sale as one holding, this well-maintained duplex comprises two single-level, two-bedroom units on a generous 550sqm block, delivering dual income streams, quality long-term tenants and outstanding future potential.
Much like yin and yang, these homes offer the perfect balance. Unit 1 has already had the hard work done, having undergone a substantial renovation in 2023. Freshly tiled throughout and beautifully updated, improvements include a stylish new kitchen, fresh paint, new carpet, updated lighting, ceiling fans and window furnishings. The same exceptional tenant has occupied the home since the renovations and would love to remain. Currently leased at $340 per week, there is scope for future rental growth, with market rent estimated closer to $380 per week.
Unit 2 remains in largely original, yet exceptionally well-maintained condition. Home to a wonderful long-term tenant of more than six years, this property has been lovingly cared for and currently returns $260 per week. Similar properties suggest a market rent closer to $300+ per week, however the current owners have deliberately kept rents modest in recognition of the outstanding care and loyalty shown by their tenants.
All tenants have been personally selected by the current owners, creating a genuinely fuss-free investment proposition.
The beauty of this investment lies in its flexibility. Both residence provide immediate, low-maintenance, low fuss returns. One residence has removed all the risk through property upgrades, while the other presents an opportunity to add value over time, increase rental returns and further enhance capital growth of the whole property.
Constructed from solid besser brick on concrete slabs, these are robust, low-risk homes built to stand the test of time. Both properties are separately metered for electricity and there are individual meters for water, while the absence of a body corporate means no strata fees and no external management - simply straightforward ownership and control.
Outside, each unit enjoys a fully fenced rear yard, offering privacy and scope for tenants to make the space their own. Positioned in a quiet cul-de-sac less than 2km from the Moruya town centre and under 1.5km from the soon to be new regional hospital, demand for quality rental accommodation in this location is expected to remain strong for years to come.
Secure one title, two income streams and a blue-chip investment designed to perform today while still offering upside for tomorrow. Inspection is by appointment only, please feel free to reach out for further details.
Disclaimer: All care has been taken in the preparation of this marketing material, and details have been obtained from sources we believe to be reliable. Blackshaw do not however guarantee the accuracy of the information, nor accept liability for any errors. Interested persons should rely solely on their own enquiries.
