Currently returning $600 per week, can go up to $730 per week. This editorial highlights a promising investment opportunity nestled in a tranquil hillside location of Kingaroy. Situated at the prestigious top end of a Cul-De-sac, this property boasts an expansive 853m2 allotment with distinctive red soils. Constructed in 2006, this modern brick duplex offers an appealing blend of comfort and convenience. The interior features tiled traffic and living areas, complemented by contemporary kitchens and separate bathroom and toilet facilities. Ample storage space is provided throughout, enhancing practicality and organization. The duplex comprises two generously proportioned built-in bedrooms, along with distinct lounge and dining spaces. A single integral garage adds further utility to the property. Currently yielding $600 per week, this investment holds significant potential for increased returns, with the possibility of escalating to $730 per week. Unit 1 is currently leased at $365 per week, while Unit 2 has a longstanding tenant of 10 years, contributing $235 per week. The flexibility of a periodic lease for Unit 2 affords new buyers the autonomy to adjust rental arrangements as per their preference. Convenience is paramount, with essential amenities just a short stroll away. Residents enjoy proximity to private schooling options, day care facilities, and recreational parks. Furthermore, the property's accessibility to Swickers meat processing plant presents an advantageous prospect for potential tenants. In summary, this duplex represents a lucrative investment opportunity within a serene and well-connected locale. With its modern amenities, strategic positioning, and potential for enhanced rental returns, it stands as a compelling proposition for discerning investors seeking both immediate yields and long-term growth prospects.
Features include: Ensuite
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.