Positively geared from the day you take ownership - this secure investment offers low maintenance and fantastic returns which you can see straight away. With mining and windfarms and new development in the area - this would be a perfect place to house workers and colleagues.
Located just minutes from centre of Ravenshoe, within walking distance of schools, parks, supermarket and much more this duplex is a great earner with a potential gross yield of 7.8%. Purchase price includes all furniture so your new tenant can move in straight away. There is also a value add opportunity with space on the block for a third dwelling (subject to council approval).
Each unit has its own driveway access and covered parking with high clearance for vehicles, boats or caravans. The front unit has an enclosed porch which opens into the living, dining and kitchen area. The interior is neat and tidy and features new reverse cycle air-conditioning so you are equipped for all types of weather. Both bedrooms are well sized and bathroom has a large walk in shower.
The second unit has a ramp for wheelchair access leading in to the main living quarters which are filled with natural light. Reverse cycle air conditioning features here as well and similar sized bedrooms and bathroom. There is also a 6x6 shed at the rear of the property for additional storage of vehicles or tools.
Plenty of options to maximize potential, you could live in one half and rent the other, used to park up a caravan and as a base between your travels, larger family living or solely as an investment - the choice is yours!
The township of Ravenshoe offers everything you need within walking distance. Including; Post office, banks, cafes, community centre, supermarket, library, bakery, service stations and more. It is also home to the Torimba festival and surrounded by natural attractions such as Archers Creek, Innot Hot Springs, Millstream Falls, National Parks.
For more information please call exclusive agent Alex Payne today on 0409 328 153.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Alex Payne to learn more about this property, request an inspection or take an online tour.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
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.
Enrolment areas for ACT public schools.
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
28 Oct 2021
Sold
NQ Savannah Property Sales
Listed: 19/08/2021
Block size: 1012m²
Transfer type: Full transfer
Ravenshoe suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
52 years
Population
1,332
Listing ID: 182125568. This listing has been viewed 32 times. It was first displayed on 28/11/2023 and last updated on 27/03/2024.
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.