12 Lindeman Avenue, Slade Point, QLD 4740
- 4
- 2
- 2
Sold
Sold for $480,000 on Jun 22, 2023
Duplex Opportunity Returning Excellent Rental Yield
This fantastic proposition foresees opportunities for the investor seeking a great rental return.
Weekly rent of $750.00 per week for combined = approx. 8.41% rental return!
For those seeking a roof over their heads or if you are wanting to accommodate family, the options are endless - live in one & rent the other or rent both, excellent for retirees, singles, or downsizers.
This duplex comprises two units with individual floor plans & both dwellings sit on a approx. 708m2 block.
With a non-active body corporate, the simplicity of owning this duplex is very desirable.
Duplex is approx. 1978 build & has the potential to be strata titled.
Unit 1 - Situated at the front of the block & consists of open plan living, kitchen with breakfast bar, 2 bedrooms, 1 bathroom - single car garage, undercover front porch & front yard area.
• Tenants lease expiry 29/03/2024 -long term tenant is paying $375.00 per week.
Unit 2 - Situated at the back of the block & consists of open plan living, kitchen with island bench, 2 bedrooms, 1 bathroom - master with slider door to the patio, & single car garage, front patio & sizeable backyard.
• Tenants lease expiry 15/09/2023 - paying $375.00 per week.
This duplex is set across the road from Cumberland Avenue Park which makes this area a peaceful & quiet location with no front neighbours in sight.
• Both units have air conditioning to the main living
• Each entry to both units displays open plan living & kitchen.
• Both kitchens have electric stoves & open fridge cavities.
• All bedrooms with built-in wardrobes & ceiling fans.
• Bathrooms include a vanity, shower & toilet.
• Both inside laundries with outside doors are located at the front of the lengthy garages
• Fly screens, ceiling fans, lino & the ability to refresh to your own taste.
• Be mesmerised by the sound of the ocean lapping the Lamberts Beach shoreline.
• Enjoy a short 350m walk to the popular Seabreeze Hotel.
• Barely a 5-minute drive to the convenience store, chemist, servo, butcher, hairdresser & more.
Call today to arrange a private inspection, with the required notice to be given to the excellent tenants.
Floor plans available upon request.
Janet Williamson
Sales Partner
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L19841883
- Property Type:Duplex
- Garages:2
- Land Area:708 sqm
We Know Your Area
R&H Suburb Profile: Slade Point
R&H Suburb Summary | Houses |
---|---|
Number of sales | 55 |
Average Price | $509,086 |
Median Price | $450,000 |
Median Rental Price | $550 p.w. |
Change in Rental Rate (5yr) | 64 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 13 |
Average Price | $392,615 |
Median Price | $445,000 |
Median Rental Price | $430 p.w. |
Change in Rental Rate (5yr) | 105 % |
Median Trend - $450,000
Recently Listed
Recently Sold