Investment Properties
QLD: Duplex with return, future growth and ability to build another
“ Shire Mayor believes an economic boom is just around the corner at the town.
He said several mining companies were preparing to move into the region which would bring an increased workforce and an increased need for housing. “
11 Sep, 2009 08:56 AM
This 2 x 2 bedroom duplex received renovations only 3 years ago;
* Kitchens
* Stoves
* New tiles throughout
* Bathrooms all done
* Wall refrigerative air conditioners
All this sits at the top end of the massive freehold block 1080m2 zoned residential medium. Upon council approval there are room for further duplex's at the rear
We believe that this duplex cannot be strata titled.
 Buy & Hold
 Growth
 Development
|
|
| Purchase Price: | $269,000 |
|---|---|
| Gross Weekly Rental: | $400pw |
| Council Rates: | $2,500 pa approx |
| Management Fees : | 10% |
| Gross Return: | 7.7% |
| Population: | 3,800 |
Whilst care has been taken in the production of information and the information contained has been obtained from sources Australian House Hunters believes to be reliable, Australian House Hunters does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose and will accept no liability for any loss incurred in any way what so ever by any person who may rely on it.
