Off Market Duplex Sub $700K & $900/Week Rent

The Details 

Location: South Australia

Type: Off Market Duplex

Purchase Price: $680 000

Expected Rent: $ 900 p/wk

Rental Yield: 6.88%

Vacancy Rate: 0.7%

Why we love this property

Substantial cashflow increase at next release renewal

Very well maintained with an immaculate building & pest report

Good depreciation benefits

Secured off market avoiding competition from other buyers

Located in a tightly held suburb predominantly owner occupiers