Sold for $620,000
DUPLEX PAIR ON ONE TITLE
Sitting on a flat 516m2 block and across the road from the beach, this ground level duplex has an estimated rental income of $700 per week with potential to receive more. They are in original condition and need some TLC, but they have a great return on your investment, or you could live in one and rent out the other or in the future build yourself a new home across the road from the beach.
Front Duplex features:
* Two bedrooms
* One bathroom
* Lock-up garage and carport
Back duplex features:
* Three bedrooms
* One bathroom
* Lock-up garage and double carport
Standard Council rates, $1,584 per year for the pair.
Solid brick construction with an asbestos roof, this property is in need of some TLC. Owners are motivated to sell and will consider all offers.
INSPECTIONS ARE BY APPOINTMENT ANYTIME, SORRY THERE ARE NO OPEN HOMES.
median house price1490000
median house rent900
suburb rental yield3.1%
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.