14 Lydia Street, Ravenshoe QLD 4888

Open To Offers

4 beds

2 baths

6 parking

Ideal Investment Opportunity

Positively geared from the day you take ownership - this secure investment offers low maintenance and fantastic returns which you can see straight away. With mining and windfarms and new development in the area - this would be a perfect place to house workers and colleagues.

Located just minutes from centre of Ravenshoe, within walking distance of schools, parks, supermarket and much more this duplex is a great earner with a potential gross yield of 7.8%. Purchase price includes all furniture so your new tenant can move in straight away. There is also a value add opportunity with space on the block for a third dwelling (subject to council approval).

Each unit has its own driveway access and covered parking with high clearance for vehicles, boats or caravans. The front unit has an enclosed porch which opens into the living, dining and kitchen area. The interior is neat and tidy and features new reverse cycle air-conditioning so you are equipped for all types of weather. Both bedrooms are well sized and bathroom has a large walk in shower.

The second unit has a ramp for wheelchair access leading in to the main living quarters which are filled with natural light. Reverse cycle air conditioning features here as well and similar sized bedrooms and bathroom. There is also a 6x6 shed at the rear of the property for additional storage of vehicles or tools.

Plenty of options to maximize potential, you could live in one half and rent the other, used to park up a caravan and as a base between your travels, larger family living or solely as an investment - the choice is yours!

The township of Ravenshoe offers everything you need within walking distance. Including; Post office, banks, cafes, community centre, supermarket, library, bakery, service stations and more. It is also home to the Torimba festival and surrounded by natural attractions such as Archers Creek, Innot Hot Springs, Millstream Falls, National Parks.

For more information please call exclusive agent Alex Payne today on 0409 328 153.

Property Details

• Type: House
• Bedrooms: 4
• Bathrooms: 2
• Garage Spaces: 6
• Land Area: 1,012 m² (approx)