1 and 2/34 McBride Street, Kirwan, Qld 4817

FULL DUPLEX - MONEY MAKER with amazing returns

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Description

FULL DUPLEX - MONEY MAKER with amazing returns
Don't negatively gear...this place will make you a profit!
Nothing to do, it is managed by local managing agent.
Currently leased to good tenants with long lease.

Financials:
Excellent investment. Low maintenance.
Gross rental yield: 7% Net rental yield about: 4.5%
Manage it yourself and make even more.

In and out:
Rental Income $270 x 2 ($540 pw, $28,080 pa)
Rates and water $5,287 pa total
Insurance $1,627 pa total
Regular expense (lawns etc) $500 pa total
Management fee (agent) $1887.60 pa
No body corporate fees

Property:
2 x bedroom duplex
6 x split system aircon
FTTP NBN connected
High set, concrete posts, fibreboard exterior and plaster internal
607 sqm land on one title
One water meter
Two electricity meters
Properties are separated by a fence for privacy
Large back lawned garden
Undercover parking

Tenancy:
Managing agent

Looking to Sell Your Own Property?

In Australia, there is no requirement to use a real estate agent to sell a property. Selling yourself is legal and does not require any specific license.

By selling yourself, you can save a significant amount of money on agency commissions.

To learn more, please visit: Property Now