High Yield Dual Living on 3.5 Acres! Submit All Offers!
This is your opportunity to secure two 3BR houses separated by a carport on usable acreage! (Please note: both parts of the land on the picture are included, and the back section).
Returning $945 per week ($470 + $475) on two separate leases, with potential for even more (see below) astute investors can expect to profit immediately and in years to come from this 3.5 acre property opposite a lovely golf course and just 5km from the centre of Logan Village, and 40 minutes from the Brisbane CBD.
There is also the possibility of living in one of the houses while continuing to receive the income from the other, making this property an ideal way to own a slice of Logan Village, live in a 3BR house and potentially get paid to do it!
House 1 features:
3 bedrooms with built-ins,
Combined lounge and family room
Separate Dining Room and Kitchen with Pantry
Separate Bathroom
Separate Toilet
Linen Cupboards
Back Patio
Plenty of parking
Large grassy acreage at the rear (very gentle slope)
Carpeted Shed which could be upgraded to a Granny Flat (STCA). The returns on granny flats are very good also.
House 2 features:
Large master bedroom with ensuite and built ins
Two additional bedrooms
Lounge opening onto family/dining room
Kitchen, bathroom, separate toilet
Large internal cupboards
Back patio
Large useful shed (garage?) + garden shed
Plenty of additional room for parking.
Rates are low – currently $711/quarter. The property is serviced by a large water tank. The two houses are effectively separated by a double carport but also by fencing.
House 1 is tenanted until October 2022, while House 2 is on a periodic lease, and could be vacant soon.
This property has loads of potential in so many ways. As mentioned, the houses return a strong cashflow, but could also be modernised to suit a lifestyle property later if desired.
Right now it would certainly suit a truck owner, someone who enjoys space and privacy, or an investor looking to hold for the future while enjoying very strong cashflow returns.
Call today so you don’t miss out! Properties are moving fast!
DISCLAIMER: Whilst every care is taken in the preparation of the information contained in this marketing, Oxbridge Property Group will not be held liable for the errors in typing or information. All information is considered correct at the time of printing.