8 Cottonwood Place, Taranganba QLD 4703

Offers over $800,000 considered

6 beds

2 baths

2 parking

Capricorn Coast Duplex: Two Titles, No Body Corporate, Endless Potential.

Discover an outstanding investment opportunity on the Capricorn Coast with this conveniently located Duplex. Just minutes from public transport, primary schools, childcare, Cedar Park Shopping Centre, and the Capricorn Tavern, this property offers easy access to all essential amenities. A short walk will take you to the beautiful Lammermoor Beach, adding to the appeal of this prime location.

Set on two separate titles, and situated on a fully fenced 792m² allotment consisting of two stand alone units. Unit 1 spans 100m², while Unit 2 covers 92m². Both units overlook the tranquil Taranganba Park, known for its abundant bird life. Designed for low-maintenance living, each unit features air conditioning, three spacious bedrooms, two living areas, a bathroom, separate laundry, and toilet, termite barrier and garden shed.

Currently home to two fantastic tenants, Apartment 1 is leased at $400 per week until July 30, 2025, and Apartment 2 at $370 per week until February 28, 2025. There's potential to increase the rental income to $500 and $480 per week, respectively. With NO BODY CORPORATE FEES, this property offers a trouble-free investment opportunity, allowing you to sit back and watch your investment grow.

Property Details

• Type: DuplexSemi-detached
• Bedrooms: 6
• Bathrooms: 2
• Garage Spaces: 2
• Land Area: 794 m² (approx)