18 Farleys Lane, Gympie QLD 4570
Sold for $560,000
The Perfect Investment!
Nestled high and dry and located within walking distance to Gympie’s largest school, this six bedroom duplex is simply the perfect investment! With excellent tenants in place and returning $310 per unit per week which includes mowing, high returning low maintenance investment properties like these are always in high demand!
Both units are a mirror image of each other and offer a comfortable easy to care for living space downstairs, while offering three bedrooms, bathroom, laundry, second living option and balcony upstairs.
Unit 1/18 Farleys Lane:
• Tiled main living space with designated dining room space
• Well kept kitchen with electric stove/oven, pantry, bench & storage space, tiled splash back
• Main bedroom with box air-conditioning and built-ins
• Bedroom 2 & 3 both with built-ins
• Small central living option upstairs, leading out to balcony with excellent north facing views
• Carpet is 12 months old, curtains or blinds throughout
• Updated bathroom with shower and vanity, separate toilet and laundry room
• Single remote lockup garage with storage space
Unit 2/18 Farleys Lane:
• Tiled main living space with designated dining room space
• Six month old kitchen with featured black tiled splash back, electric stove/oven, pantry and bench/storage space
• Main bedroom with box air-conditioning and built-ins
• Bedroom 2 & 3 both with built-ins
• Small central living option upstairs, leading out to balcony with excellent north facing views
• Curtains or blinds throughout
• Main bathroom with shower and vanity, separate toilet & laundry room
• Single remote lock up garage with storage space
Property information:
• Current annual income of $32,240, returning you a yield of 5.86%
• Four weeks rent held in bond and lodged with the RTA
• Current rates are $2,338 per six months
• 672m2 yard with easy access, separate clothes lines, common rear ramp
• New roof in 2019, concrete circular front driveway, low maintenance yard and gardens
• Just minutes to all of Gympie’s major amenities, schools and sporting ovals
** As the property is tenanted, please allow at least 24 hours notice to view this property **
Offering an excellent location, quality tenants in place and a fantastic return, this tremendous opportunity to secure a genuine dual income property can be yours and is only a phone call away!
For more information or to book your private inspection, contact marketing agent Peter Olsson today on 0411 065 326!
Property ID: 1224808