NO MORE VIEWINGS TAKEN-SELLER CONSIDERING AN OFFER- UPDATE WILL BE POSTED
Dual-Living Investment Opportunity –High 13% -ROI- Endless Potential! $198,000
High-Return Investment – 13.1% ROI
Buy for just $198,000 | Rent for $570 per week | Low annual rates of $3,700
This highset home on 809m² offers an incredible opportunity for first-home buyers, renovators, and investors alike!
Whether you’re looking to live upstairs and rent downstairs, renovate for profit, or secure a high-yield investment, this property ticks all the boxes.
Key Features:
Dual Living Potential – Two separate power meters, fully self-contained upstairs & downstairs. Legal height downstairs a bonus.
Renovation Ready – Add value with modern upgrades & your personal touch.
Upper Level: 2 bedrooms + office, open-plan kitchen, dining & lounge.
Lower Level: 1 bedroom, family room with kitchenette, bathroom, toilet, laundry, store room & carport.
Rear Access & Space to Expand – Blank canvas with room to add sheds or even a pool! Prime Location – Close to schools, transport & Innisfail CBD for ultimate convenience.
The three bedrooms have been virtually furnished to showcase their full potential! This helps you:
Visualize layouts and how furniture fits.
Enhance space perception for a better feel of room size.
Imagine your style in a move-in-ready space.
This dual-living property delivers an exceptional 13.1% ROI, far exceeding the typical 5-10% benchmark for real estate!
Some compliant issues will need to be attended to as outined below prior to being rented out- SEE ADDED NOTES FOR YOU CONSIDERATION BELOW.
Purchase Price: $198,000
Strong Rental Income: $570 per week = $29,640 per year
Low Annual Rates Just $3,700
Impressive Net Profit: $25,940 per year!
A rare chance to secure high returns, solid cash flow, and future growth potential.
Don’t miss this standout investment opportunity!
Call today! This versatile property won’t last long!
ADDED NOTES FOR YOU CONSIDERATION PRIOR TO BOOKING A VIEWING-
THERE ARE NO SCREENS UPSTAIRS- Elevated openable windows, which are common in older Queenslander style houses and units, should be protected to prevent falls. Generally, for bedroom windows with a 2 metre or more drop to the surface beneath and where the window opening is less than 1.7 metres above the floor, window protection is required.
DOWNSTAIRS WINDOW IS SEALED AND CANNOT OPEN-Bedrooms in Queensland with no openable windows are generally not compliant under building regulations, as they must have access to natural light and ventilation, which typically comes in the form of a window that can be opened.
NO OPEN WINDOW OR EXTRACTOR FAN IN BATHROOM- A bathroom does not need a window, but it does require ventilation. Every state has their own requirements and codes, but a proper ventilation system is a must.
DOWNSTAIRS LAUNDRY MAKEOVER REQUIRED - needs new extrnal roof sheeting, new flooring as it has uneven concreting inside , and a laundry tub and taps.
SMOKE ALARMS- no compliant smoke alarms in the two dwellings.
