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Overview
This duplex situated in West Rockhampton offers a unique investment prospect, combining two separate income-producing units on a generous 810 sqm allotment. Its location is a significant asset, situated conveniently close to key amenities including the airport, schools, and hospital, supporting sustained tenant demand.
Both units feature two bedrooms each, catering for tenants seeking manageable yet comfortable living spaces. Practicality shines through with modern kitchens and renovated bathrooms, ensuring functional and contemporary living environments. Separate laundries add convenience for occupants, promoting ease of household tasks in each unit.
A notable feature is the presence of split-system air conditioning in the main bedrooms, a benefit that enhances comfort during warmer months. The property also includes single-car carports for each unit, providing secure parking options.
- Unit 1 showcases tiled main living areas complemented by carpeted bedrooms, introducing a blend of durability and warmth underfoot.
- Unit 2 offers carpet throughout, creating a cozy ambiance for its residents.
Beyond the living spaces, the large backyard and side access present exceptional outdoor opportunities, uncommon in duplex properties. This spacious outdoor environment not only offers room for recreation and relaxation but could also appeal to tenants or owners valuing extra space for hobbies or gatherings.
Current rental income underpins the property's appeal for investors, with one unit generating $430 per week and the other poised to increase to $420 per week shortly. Such returns, paired with the property's location and size, make it a robust addition to an investment portfolio.
Overall, this duplex suits investors looking for a solid income property in a sought-after location, combining convenience, dual income streams, and significant outdoor space.
Local Market Insights
In Fitzroy, Quiet Listings observed 6 new duplexes entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $639,000. The property type mix of listed properties is predominantly Houses at 78%, followed by land (8%), and units (4%). The most active agency for duplexes in the Fitzroy area is currently Ray White, representing 50% of new listings, followed by Elders Real Estate with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for West Rockhampton QLD 4700
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