Investing in the Whitsundays is a popular for many Australians wanting to own a slice of one of the country's best holiday destinations. Unfortunately for many, the dreams are dashed when you hear the words… Body Corporate.
Enter 6 Leichardt Place, Cannonvale. With two 3 bedroom, 2 bathroom duplexes on the one title, this house has all the income without the expense of a body corporate.
The mirror image units, one with larger yard currently rent for $430/week and $420/week respectively. With both leases just renewed, one within 24 hours of listing the property for rent and the other without advertising.
Built in 2013 and with colorbond over block construction, the low maintenance builds are perfect for investors. The 3 bedroom layout, master with built-in robe and ensutie, double garage, air-conditioning throughout and yard attached to 6A make it a popular choice for families looking to rent in the area.
The duplex currently provides a 7% gross return on investment at advertised price.
