Fantastic Duplex in Desirable Area

The Details 

Location: Northern Queensland

Type: Duplex

Purchase Price: $495,000

Expected Rent: $700 p/wk

Rental Yield: 7.35%

Vacancy Rate: 0.4%

Why we love this property

Extremely high rental demand in this tightly held suburb will increase rents further at next review

Low maintenance and very well maintained

Stata tilted, giving flexibility to sell one unit in the future

Positive cash flow

Duplex with dual access