Description

This rock solid duplex in Norville is sure to pique the interest of investors seeking to sidestep the measly returns available today due to record low interest rates. With Unit 1 returning $240 per week and leased to a happy tenant (leased to 15.2.2022) and Unit 2 returning $250 per week to a similarly happy tenant (leased to 18.1.2022), this sure is better than money in the bank.

Each 2 bedroom unit sits on a combined 600m2 fully fenced block in an excellent central location close to schools, shopping centres, Bundaberg TAFE and public transport.

Each unit is a mirror image of the other with the bedrooms offering ceiling fans for comfort and built-in robes for convenience. There is a combined, comfortably sized lounge and dining room and a sizeable kitchen overlooking the shared backyard.

There is a separate toilet from the bathroom for convenience and privacy. Each unit provides security doors and screens for peace of mind.

There is no body corporate, both units being owned by the one owner, so that additional costs are kept to a minimum. Bundaberg Regional Council rates being approximately $2,200 per half year.

Make no mistake, in a tight and rising market, investments of this nature and quality are becoming harder to secure. Call Exclusive Listing Agent Greg McMahon on 0414 518 315 for a private inspection.