13 Fraser Place, Morayfield QLD 4506

$700,000

6 beds

2 baths

2 parking

Under Contract By Kathy Sweeney - Principal of RE/MAX Living

Under Contract By Kathy Sweeney - Principal of RE/MAX Living

1,038m2 + Double Side Access, both on a fantastic block size, which presents an incredible investment opportunity. This duplex which presents an incredible investment opportunity.

This duplex is currently rented on both sides, creating a dual income property with NO body corporate fees. Easy potential to reach 6% ROI, better than any of the banks!

Dual incomes or live in one and rent out the other. The choice is yours!

Here's the Deal! - $700,000 for both! With a current weekly rental income of $620.00. This figure is due to be increased. The latest rental appraisal came in at a weekly income of between $740.00 - $780.00 per week ($370 - $390 per week per unit), with a rental yield of 5.79%

Unit A, 3 bed | 1 Bath | 1 Car
- Ceiling fans in all bedrooms & living area
- Laundry room
- Kitchen with abundance of cupboard & bench space, dishwasher space, large pantry, electric stove top, oven & rangehood, stainless steel double sink & lots of natural light
- Large undercover patio area
- Huge yard
- Fully fenced
- Side access gates
- Single lock up garage with internal access
- Large front yard with plenty of parking space

Unit B, 3 bed | 1 Bath | 1 Car
- Ceiling fans in all bedrooms & living area
- Laundry room
- Kitchen with abundance of cupboard & bench space, stainless steel double sink & lots of natural light
- Large undercover patio area
- Huge yard
- Fully fenced
- Side access gates
- Single lock up garage with internal access
- Large front yard with plenty of parking space

Other figures:
Council Rates: $895.00 Quarterly

Location:
- 350m to Grogan Road Park & Dog Park
- 700m to Morayfield East State School
- 2 Minutes to Early learning centre
- 2 Minutes to all that Morayfield Road has to offer
- 4 Minutes to the Bruce Highway
- 4 Minutes to the Morayfield Train Station
- 5 minutes to Morayfield Super Centre with Woolworths, Aldi, Spotlight, Chemist & many food options
- 5 Minutes to Morayfield Sports & Events centre
- 5 Minutes to Burpengary Bite Markets attraction
- 6 Minutes to Bunnings
- 6 Minutes to Burpengary Regional Aquatic & Leisure Centre

Motivated investor looking to purchase both sides of a duplex with great tenants already in place? AND on a huge 1,038m2 block? Call Kathy or Will today to discuss, as this prime investment should not be missed.

Property Details

• Type: DuplexSemi-detached
• Bedrooms: 6
• Bathrooms: 2
• Garage Spaces: 2
• Land Area: 1,038 m² (approx)