Hard To Find Duplex in Booming Area

The Details 

Location: Northern Queensland

Type:   OFF-MARKET DUPLEX

Purchase Price: $420,000

Expected Rent: $600 p/wk combined

Rental Yield: 7.43%

Vacancy Rate: 0.73%

 

Why we love this property 

Fantastic yield

Rented well under marker value fantastic opportunity to significantly increase cash flow

Situated in a booming and economically diverse region

Secured off market due to great relations with the selling agent avoiding competition from other buyers