Sold for $650,000
Sold for $650,00022, 65 Cambooya Street, Drayton QLD 4350
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Property was sold on 22 May 2023.
Sold on 22 May 2023.
6 beds
4 baths
2 cars
Townhouse
6
4
2
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Townhouse
Property Features
A thoroughly modern complex only 4 1/2 years young, this duplex is in tip-top condition, has excellent tenants in place, shows a great return with even better returns awaiting at lease renewal time and with a significant depreciation schedule for the complex. This is really worth your consideration as the ROI will be 6% plus by the time the lease renewals are completed in September. Each unit consists of 3 built-in bedrooms, ensuite and main bathroom, open plan living / dining and a well appointed kitchen. There is a private outdoor entertainment area and a privately fenced rear yard. The laundry is located in the single garage which has remote control access. Situated in a modern development in a quiet corner of Drayton close to the Woolworths Shopping Complex, Downs Hotel and Drayton Tavern, local schools and easy access to the USQ. Features for each unit include: • 3 built-in bedrooms • Master suite includes ensuite and built-in robes • Open plan living / dining • Modern well appointed kitchen • Reverse cycle air-conditioning and ceiling fans • Private outdoor entertaining • Privately fenced yard • Single garage with remote control access • Laundry is located in garage • Good tenants on leases through to August & September 2023 Other details: • Current rental return $355 per unit per week – opportunity to increase at renewal - at this stage expected in the region of $390 per week • Significant depreciation still available • Close to shops, entertainment and easy access to USQ • Drayton State School & Harristown State High School catchments Only 4 1/2 years old, years of depreciation still available, good tenants in place and a good return which is set to improve – this is a good prospect for anyone looking to expand their investment holding. Inspections will be by appointment only so contact Lachlan Evans on 0418 185220 for further information or to book an inspection. Please note the photos and video tour are indicative only showing the property from approx. 3 years ago prior to the entry of the last tenants into unit ‘A’.