Sold
Last Asking Price - $700,000
agency logo

2 Cassinia Street, Mount Low QLD 4818

Apartment
643
Block size: 704 m² approx.

Duplex - Great Investment

This modern, fully air conditioned, well maintained duplex will impress with a weekly return of $870.00 per week!
Located in a gorgeous area of Mount Low, this duplex has been given a fresh external paint and is cleverly designed to front 2 streets for privacy and functionality as a duplex.

On offer are two completely separate and private residences under the same roof with fantastic tenants already in place.
This truly is the ideal ready to go, high yielding investment property. Other options later down the track could be to occupy one side and lease the other side out to take advantage of a subsidised mortgage repayment or even have multiple generations living under the same roof! You may need a home base (FIFO) with the advantage of a passive income and a person to actually keep an eye on the property while you are away. Future options are endless.

The units are modern, fully air conditioned, neat and tidy throughout, both sides feature neutral tones and are easy to care for, with durable tiled floors in the open living areas.
Unit 1 is a 3 bedroom, 2 bathroom, 2 car garage unit, well proportioned with living spaces conveniently flowing out to the entertaining areas and easy to care for backyard space without being too much to maintain.
Unit 2 is a 3 bedroom, 2 bathroom, 1 car garage unit, well proportioned with living spaces conveniently flowing out to the entertaining areas and easy to care for backyard space without being too much to maintain.

Rental for the Property
* Rental return $870 per week

Residence Unit 1:
* Three good size bedrooms with walk in wardrobe & ensuite
* Ensuite to main bedroom
* Second & third bedroom adjacent to family bathroom & separate toilet
* Open plan living/dining/kitchen
* Lovely kitchen with dishwasher space & pantry
* Double garage with internal access
* Laundry is neatly tucked into the double garage
* Undercover private patio and private small yard
* Fully fenced and pet friendly
* Currently returning $450.00 per week
* Tenanted until February 2025

Residence Unit 2:
* Three good size bedrooms
* Ensuite to main bedroom, wall wardrobe
* Second & third bedroom adjacent to family bathroom & separate toilet
* Open plan living/dining/kitchen
* Lovely kitchen with dishwasher space & pantry
* Single garage with internal access
* Internal laundry with access to the yard.
* Undercover private patio and small yard
* Fully fenced and pet friendly
* Currently returning $420.00 per week
* Tenanted on lease till December 2024

Both units are being very well kept by the tenants and this would make a sound investment or home with passive income for the savvy buyer.

2 Cassinia St, Mount Low presents great value to the Investor or those wanting a home base with an income or a home for the blended family.
This property has been a wonderful investment property for this owner, but it is now time for it to be sold!

Less than 25 minutes drive via the Ring Road will get you to Australia's largest Military Army base - Lavarack Barracks, The Townsville Hospital and James Cook University - the location is fantastic!
Twenty minute drive to the airport and another few minutes to the CBD and the very popular Strand for leisurely walks, cafes and beautiful views to Magnetic Island.
An 8 minute drive will take you to either the beach at Bushland Beach or the very popular Burdell Shopping precinct offering Woolworths, Chemist, Bunnings, Carwash, Pool, North Shore Tavern plus a range of shopping & gym options.

As these units are tenanted inspection is by appointment only.
Call Wendy Litster on 0438232788 and she will happily book a private inspection for 'just you' to inspect the units, or provide any extra details.

* Please note virtual furniture has been used in this photography

Features include: Ensuite

Inspections

No open inspections scheduled.

Send an enquiry

Contact Wendy Litster to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
6
Bathrooms:
4
Garage Spaces:
3
Property type:
Apartment
Block Size:
704 *

Other Details

Lot:
481
Plan Type:
SP
Plan:
262866
Legal description:
481/SP262866
Explore Property Munro & Co

Maps and area information

Block information
Block size: 704 (approx)
Legal description: 481/SP262866
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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.
Property History
04 Apr 2024
Sold
Explore Property Munro & Co
Listed: 22/12/2023
Block size: 704m²
Transfer type: Full transfer

Mount Low suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
32 years
Population
5,488
Listing ID: 182183724. This listing has been viewed 13 times. It was first displayed on 22/12/2023 and last updated on 04/04/2024.
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.