22 Bahrs Point Drive

Bahrs Scrub QLD 4207

1079 m²

Duplex

Last sold for $750,000

Lu Bracher, last sold this property on 17 March 2023 after 94 days on market.

Overview

NRAS Dual living investment property for sale! Exit date 29May2023.

Located in an elevated position at the end of a cul-de-sac this duplex provides the perfect investment for the saavy investor or as a dual living home for an owner occupier! Your duplex home is split into two units: Details: Unit 1 - Currently tenanted: NRAS expires 2nd Feb 2023. * 3 bedrooms with the main bedroom with WIR & en-suite & the remaining 2 bedrooms with ceiling fans and built in robes. * Open plan living area with split system air-conditioner. * Neat and tidy kitchen with stainless steel appliances. * Large glass sliding doors leading out to covered entertainment area with spacious private and fully fenced secure back yard. * Ceiling fans throughout. * Internal laundry with single remote control lock up garage. * Tenant on a periodic lease after the 2nd of February 2023. Investor - as this tenancy will be in a periodic lease - you can offer a new lease at the market rent which is currently $450.00 per week. Our tenant is willing to continue to reside at the property and has the capacity to meet this rental amount. Unit 2 - Currently tenanted: * 2 bedrooms both with built-in robes. * Open plan living area with split system air-conditioner. * Separate bathroom with a toilet. * Covered patio area opening out to a large backyard with side gate access. * Ceiling fans throughout. * Remote controlled single lock up garage with laundry at the back of the garage space. * Tenant on a fixed term lease until 29th May 2023. This is the final date of the NRAS certificate and this tenant has been advised that any offer of lease will be at market after this date - the current market rent for this unit is $380 per week. Additional information: * 2 Private fenced gardens * Both properties are NRAS compliant with the NRAS term ending on the 29th of May 2023. * This property is not yet strata - which means there is no body corporate and is sold as a complete unit - 1 and 2 together. There is opportunity for the astute investor to separate the duplex and indivudally strata this for additional gains. * Built in 2012. About NRAS and what you can do: 1. You can rent out both units and get the balance of the NRAS rebates by the government - rebate amounts and details can be provided upon request (we do not administer this part of the NRAS scheme - we deal with the leasing and tenant compliance side). 2. You can live in one side and keep the other side rented for cashflow - subject to NRAS terms and conditions (if this is what you want to do - we can confirm these details with the NRAS compliance managers). No open homes will be conducted with our Tenants in place, only private inspections will be conducted. Please contact our Agent to organise an inspection.