6 Bed
3 Bath
2 Car
1146 m²
6 Bed
3 Bath
2 Car
1146 m²
Commencing the investment journey in real estate can be awfully time consuming trying to locate that ideal property. From time to time, there will be properties that come to market, like this one, that will excite you in every which way.
A custom designed dual-key property, containing two separate tenancies with loads of rental yield on offer. Unit 1 comprising of 4 bedrooms, 2 bathrooms & multiple living spaces, unit 2 offering 2 bedrooms, 1 bathroom. There is single carport accommodation for both residences and both have their very own fenced backyards with garden shed storage.
The internals still remain modern with air-conditioning, very functional kitchens & bathrooms. A large 1146sqm block has allowed generous size backyards to be allocated to both tenancies, creating room for pets or children to play. Conveniently positioned just a short walk to Avoca IGA, a little further to schools & childcare centre.
From the Weekes Perspective:-
- A HUGE rental yield of $835 per week, without increases in place for both tenancies February & March, taking the total weekly rent to $990 per week
- An investors dream to gain such an attractive rental yield out of a simple residential property
- Solid brick construction, a very low maintenance property
- Quiet cul-de-sac location, tucked away yet only minute's to shops, schools, childcare & University
- Always easily tenanted, rental income never questioned
- Avoca has experienced 18.8% price growth across the 4 bedroom home market in the past 12 months