OFF-MARKET DUPLEX WITH DUAL ACCESS ON CORNER BLOCK

The Details

Location: Northern Queensland

Type: Off-Market Residential

Purchase Price: $550,000

Expected Rent: $720/wk

Rental Yield: 6.8%

Vacancy Rate: 0.35%

 

Why we love this property

Duplex with dual access

Positive cash flow

Potential to strata title units and or subdivide

Location primed for growth with big infrastructure spends and diverse employment opportunities

Tightening rental market will increase rents further at next review

Newly landscaped and low maintenance backyard