Perfect investment opportunity with returns or the option to live in beautiful Picnic Bay and rent out the other duplex while you enjoy island living at it's best, only a 10 minute stroll to Picnic Bay beachfront and jetty, hotel, brewery, restaurant, salon, cafe and Golf Course.
Elevated, corner block with 2 x 3 bedroom duplexes, joined by single covered carports and paved driveway. Each has private fenced courtyard areas with covered balconies.
Open plan living area in each duplex has tiled kitchens and spacious loungerooms that open to each courtyard and private space.
Both duplexes have their own separate 6.3kw solar system and separate electricity meter.
Currently tenanted:
Unit 1 Fixed term lease, $460 per week expires 22/06/2026
Unit 2 Fixed term lease $430 per week expires 21/10/25 with rent increases due in October 2025
NB previous listing file photos are indicative only and have been used to protect the tenants' privacy.
* Both duplexes have three bedrooms, one bathroom, open kitchen
* Security screen doors, fly screened windows
* Sewer and water connected (one water meter services both units)
* Electric hot water systems
* Elevated, corner block
* External laundry under cover
* Units have covered single carport plus driveway parking for extra vehicle/boat.
Council Rates approx $7,600 pa.
Inspections are required with notice given to tenants so please call Cindy to arrange a viewing on 0433149656.