Modern Off-Market Corner Lot Duplex
The Details
Location: Northern Queensland
Type: OFF-MARKET DUPLEX
Purchase Price: $540,000
Expected Rent: $720 p/wk combined
Rental Yield: 6.9%
Vacancy Rate: 0.67%
Why we love this property
Fantastic yield
Corner lot
Modern / architecturally designed home with high quality finishes which will command higher rents
Rented well under marker value fantastic opportunity to significantly increase cash flow
Situated in a booming and economically diverse region
Secured off market due to great relations with the selling agent avoiding competition from other buyers