Explore an exciting investment opportunity in Lamington, with this spacious brick and iron duplex unit. Built in 1999, this property combines modern convenience with classic charm, offering a floor size of 192sqm on a 475sqm block.
The home features an open-plan kitchen, dining, and living area, providing a versatile space that is perfect for tenants who seek comfort and style. There are three generously sized bedrooms, including a master suite with its own balcony upstairs. The family bathroom is equipped with a shower, bath, and double vanity, while the ensuite offers a shower, spa bath, double vanity, and toilet, ensuring maximum convenience for occupants. With timber floors throughout and a charming bullnose patio with a shade sheet, the property exudes quality and timeless appeal.
Key Features include:
• Open plan living
• Upstairs master bedroom with ensuite, and a balcony
• Two minor bedrooms downstairs
• Family bathroom with shower, bath & double vanity
• Double garage with remote access
• Enclosed backyard with a garden shed and lean-to with rear lane access
• Outside toilet and a storeroom for extra space
• Natural gas connected
The benefits of having NO STRATA FEES, enhances its appeal as a cost-effective investment. This property is currently leased for $750 per week, offering a solid income stream. With the lease expiring on 6th March 2025, you can enjoy a steady rental return with an approximate 8.8% return on investment.
Don’t miss out on this opportunity. Contact Lorna Flanagan today to find out more about this property and arrange a viewing. Secure your future with this promising investment!
Council rates: $2,598.62 pa
Water rates: (approx.) $285.00 pa
No Strata Fees
Features
- Balcony
- Outdoor Entertainment Area
- Remote Garage
- Secure Parking
- Shed
- Built-in Wardrobes
- Floorboards
