Positioned on a generous 809sqm allotment in the highly sought-after, leafy suburb of Mundingburra, this well-maintained duplex presents a compelling opportunity for investors seeking immediate income with future upside.
The property is currently generating income from the larger three-bedroom residence, leased at $500 per week until September to a tenant who is keen to remain, offering stability from day one. The second dwelling presents a strong value-add opportunity, with a current rental appraisal of $390 to $420 per week, allowing the new owner to increase returns and maximise yield.
Each residence is well-equipped and complemented by its own large shed, a rare and valuable feature that enhances tenant appeal and practicality.
Unit 1:
Approx. 6m x 3.5m shed
Two bedrooms, both with built-in robes
Renovated kitchen and updated tiling
Freshly painted interiors
Additional storage space and laundry at the rear
Extra storage space at the front
Covered carport
Tidy, low-maintenance yard to both front and rear
Unit 2:
Approx. 6m x 5.2m shed plus additional 3m x 2.8m shed/office
Three generous bedrooms, all with built-in robes
Spacious layout with strong rental appeal
Practical design suited to families or shared living
Ample yard space with room for outdoor use
Whether you're looking to maximise yield, value-add through rental increases, or secure a dual-income asset in a consistently high-demand location, this duplex offers flexibility, space and solid long-term potential.
