$ 499,000.00
346 Stenhouse Street Koongal QLD 4701
$499,000
Positioned peacefully at the end of the street with parkland behind as far as the eye can see, this remarkable duplex will spark the interest of any astute investor.
While Unit 2 has been fully renovated top to bottom, Unit 1 has been partially renovated, presenting a fantastic opportunity to reap the benefits of the fully completed unit, while you prepare your vision for Unit 1 later down the track.
Both units have two bedrooms and an open-plan layout, creating a seamless flow between the living, dining and kitchen areas – an ideal space for comfortable living and entertaining. There’s a single carport to each unit behind the colorbond fence; both yards are individually fenced so the tenants maintain their own yards.
THE YIELD?
Unit 1: Tenanted at $300pw until May 2024, rent recently re-appraised at $360pw.
Unit 2: Tenanted at $240pw until September 2024, rent recently re-appraised at $310pw.
This investment is currently returning an excellent 5.6% yield, but you could be looking at the potential of an almost 7% return, just as it is!
AT A GLANCE…
* 2 bedrooms to each unit
* Updated kitchen to Unit 1
* Fully renovated Unit 2
* Internal laundry to each unit
* Cosy rear uncovered patio to unit 2
* Single carports to each unit
* Both units overlook an individually fenced backyard and beyond to parkland.
With no Body Corporate to consider, Rockhampton duplexes are in high demand; take advantage of this opportunity for future renovation and potential growth. Contact Rebecca Trott for more information.
Features
Air Conditioning
Built In Robes
Fully Fenced.
