This prime investment is an opportunity for those looking to expand their real estate portfolio. The property consists of a well-maintained & facelifted duplex featuring two 1-bedroom, 1-bathroom units. Offering potential for consistent cash-flow with two separately contained units, the property has an expected high yield (approx. 7.64%) as both units have an estimated return of $330 per week per unit. The duplex has been well-maintained, with recent updates including modernized interiors and appliances. With a low maintenance design, you can focus on maximizing returns instead of managing constant repairs.
Features include:
Unit 1
- Sizeable master bedroom complete a built in robe and an accessible ensuite.
- Central kitchen which has been recently renovated.
- Adjoining dining room and living room contributing to the open plan living feeling.
- Split system air conditioning, wood heater & ceiling fans for year round comfort.
Unit 2
- Sizeable master bedroom complete a built in robe and an ensuite.
- Central Kitchen which has been recently refreshed with adjoining dining room.
- Spacious living room.
- Split system air conditioning & wood heater for year round comfort.
- 2 x single car carports.
- 2 x 3.0m x 3.0m rear garden shed.
- 685m2 (approx.) allotment.
- Estimated rental returns of $330.00 per week per unit ($660.00 per week combined).
- Located in a central location within close walking proximity to Traralgon's CBD, local sporting facilities, local Cafe's and more.