4 Lumeah Street
Cranbrook, QLD, 4814
- 4bed
- 2bath
- 2car
$399,000
SOLID INVESTMENT OPPORTUNITY- SET OF DUPLEX OFFERING EXCELLENT RETURNS – GREAT LOCATION
Duplex properties are selling very fast at the moment with big demand from local & southern investors, due to the great returns on offer.•This duplex consists of 2x2 bedroom “strata titled” units & sits on a very generous 809m2 block.
•Both units have a lease in place with tenants each paying $300.00 per week. Recommended to increase to $320-$330.00 with upcoming lease renewal. Upwards of approx’ 7.81 – 8.34% gross return
•Conveniently & centrally located between the Willows, Stockland & K-Mart shopping centres, this central location will always appeal to your tenants
•Just a short drive to the Townsville Hospital & James Cook Uni
•Large living/ dining combined
•Two good size bedrooms to both units
•Laundry at the rear with big back yard
•Undercover entertainment area & large lockable storeroom
•Some TLC required, any upgrades/ improvements may help to increase the rental return
** Please note virtual furniture shots included to show the properties potential.
Call Terry Cochrane for more information.
Property Features
Air Conditioning • Built-ins • Close to Schools • Close to Shops • Close to Transport • Entertainment Area • Internal Laundry • Level Lawn • Living Area • Quiet Location •