Price unavailable
Price unavailable105 Bilby Dr, Morayfield QLD 4506
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Property was sold on 5 February 2024.
Sold on 5 February 2024.
4 beds
3 baths
2 cars
Apartment / Unit
350m²
4
3
2
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Apartment / Unit
350m²
This four-year-old, dual occupancy property located in Morayfield, QLD is tenanted and ready to produce income from day one. It is the perfect property to add to or start a property portfolio. Having two rental incomes from a single property can significantly boost your cash flow, making it easier to cover mortgage payments and generate a positive cash flow. Also, you can cater to a wider range of tenants, from singles and couples to families or retirees, making it easier to find renters for your investment property. Both units are fully rented: Unit one rental per week $440.00 Unit two rental per week $310.00 Situated in a desirable position, only 15min walk to the station, this property offers a great balance of convenience and investment return. With easy access to the Pacific Motorway, there is access to the city centre in no time. The units, being only four years old, come with modern amenities, making them more attractive to future potential tenants. The local area is also home to a variety of shops, restaurants and entertainment venues, making it the ideal spot for tenants who enjoy the convenience. The properties are arranged side by side with a staggered arrangement, maximising the block size giving the owners a well layed out rental investment. Both units benefit from a garden area and unit one has an outdoor living area which is perfect for enjoying alfresco living. Both units have split system cooling systems to ensure residents stay comfortable all year round. With a garage in each unit for extra storage, this dual property has all the necessities covered. The property market in South East Queensland has shown steady growth over the years. Investing in a dual occupancy property can be a smart move for potential capital appreciation with the up coming Olympics being held in Brisbane. Queensland's property market has shown stability and resilience, which can provide a sense of security for property investors. Property Code: 2