An exceptional opportunity for investors seeking strong rental income and the potential for future flexibility, this unique offering comprises two separate one-bedroom units being sold together on one title, positioned in a convenient Chermside location.
Currently generating approximately $34,840 in combined annual rental income, this unique two-unit investment offers an attractive income stream and strong rental returns, making it a compelling addition to any investment portfolio.
Investment Snapshot:
• Two separate one-bedroom units sold together as one lot
• Combined rental income of approximately $34,840 p.a.
• Gross rental yield of approximately 6.3-7%, depending on the final purchase price
• Approx. rates: $2,344 p.a.
• Approx. water: $2,176 p.a.
• Approx. body corporate: $8,000 p.a.
• Potential opportunity to separate the units onto individual titles, subject to the necessary council and body corporate approvals
One unit is positioned on the ground floor, while the second is located o