TRIPLEX Leased for $1050 Per Week
How's this for a lucrative investment? 9.1% RETURN
This large but modest Queenslander has been converted into a massive income producing triplex, offering a substantial rental return of $1050 per week. With a current 9.1% return on investment, this property promises both financial stability and potential for growth.
Upstairs: Two comfortable 2-bedroom units boasting functional living areas, large kitchen dining spaces, bathrooms, and one unit with a small balcony, perfect for enjoying the Queensland breeze.
Downstairs: A contemporary 1-bedroom unit featuring a modern bathroom, convenient access to laundry facilities, and a rear yard for outdoor relaxation.
Undercover parking is provided beneath the property, ensuring one dedicated space for each apartment.
Additional off-street parking is available at the front of the property, offering convenience for tenants and guests alike.
High Rental Return: With a combined weekly rental income of $1050, this property offers an attractive return on investment.
Potential for Growth: Positioned in a sought-after location, there's potential for rental increases over time, further enhancing your investment's profitability.
Some cosmetic work around the property will definitely increase and further offer higher rental returns and growth.
Situated only minutes from shops, public transport options, schools, and recreational facilities, ensuring tenant demand remains high.
Don't miss out on this exceptional investment opportunity! Whether you're a seasoned investor or diving into the property market for the first time, this triplex promises both financial rewards and enduring appeal.
Should you require any further information or would like to arrange a private inspection of this exclusively listed property please give the Exclusive listing Agent Driss Doukari a call on 0410516309 today.
