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