Modern Off-Market Corner Lot Duplex

The Details

Location: Northern Queensland

Type:   OFF-MARKET DUPLEX

Purchase Price: $540,000

Expected Rent: $720 p/wk combined

Rental Yield: 6.9%

Vacancy Rate: 0.67%

 

Why we love this property

Fantastic yield

Corner lot

Modern / architecturally designed home with high quality finishes which will command higher rents

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