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$830,000
Currently tenanted and retuning $650 per week until April 2027
Presenting an excellent opportunity for the astute investor, this tidy, modern duplex was built in 2008 and offers a low-maintenance investment with no body corporate in place. Both units have been occupied by excellent long-term tenants for over 10 years, providing a proven rental history and peace of mind for the new owner. Current leases are in place until April 2027, with a combined potential rental return of $840 per week upon lease renewal.
Both units offer practical, well-designed floor plans with tiled living and traffic areas, while the bedrooms are carpeted for added comfort. Each unit features a spacious open-plan lounge and dining area, complete with reverse-cycle air conditioning, along with a modern, well-appointed kitchen offering an electric stove, rangehood, breakfast bar and generous bench and cupboard space.
Each unit comprises two large built-in bedrooms with ceiling fans, a well-appointed main bathroom featuring a full-size bathtub and separate shower, plus a separate toilet and laundry. Completing the interiors are single integral garages with remote-controlled doors, providing secure parking and convenient internal access.
Outside, Unit 1 enjoys a private, fully fenced courtyard, while Unit 2 benefits from a generous rear yard, offering additional outdoor space. The duplex is positioned on an 816m² allotment with Colorbond fencing, providing privacy and security for both residences.
With excellent long-term tenants already in place, no body corporate fees and the potential to achieve a combined rental return of $43,680 per annum, this property represents an outstanding opportunity to secure a solid, low-maintenance investment.
A genuine set-and-forget investment with proven tenants, excellent rental potential and the added benefit of owning both units on one title.
28 King Street, Kingaroy QLD 4610
Call Chris Arnold on
0418625429
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