Price unavailable
Price unavailable28 Flitcroft Street, Warwick QLD 4370
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Property was sold on 4 May 2022.
Sold on 4 May 2022.
6 beds
2 baths
2 cars
Townhouse
844m²
6
2
2
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Townhouse
844m²
Are you looking for a sound investment or opportunity to live in your own 3-bedroom unit & rent out the other side or even have extended family? Well, this may just be what you have been searching for. Located with an aged care facility on one side & rear & vacant bushland on the other side, makes this a very quiet location with loads of appeal. The seller is liquidating her investment so it's now an opportunity for someone else to take over. Both tenants are paying $295 per week in rent, so that's an income of over $30,680 per year with a 5.1% Gross rental return on your investment. The current rental appraisal in this heated market is $320 for each unit increasing the gross return to 5.5% The duplex is NOT Strata Titled, so units must be sold as one & cannot be sold individually Features on each unit (mirrored design) see floor plan for measurements and layout - 3 bedrooms on each side (all built-in) with carpets & fans - Living area at front of each unit - Kitchens with electric appliances including dishwashers, double sinks, & large pantries - Very large dining area or 2nd living with ample room for a smaller dining table - Single lock-up garages with internal access & remote roller doors - Fully Ducted Air Conditioning throughout with zones for all rooms - Bathroom with shower & bath & separate toilet - Very large, covered patios which are great for entertaining, unit one has extensive hedges for added privacy - Good sized courtyards ideal for children and/or a dog - Security screens on all doors & windows - Tinted windows for added privacy & to reduce energy costs - 2 TV points in each unit - All smoke alarms updated to the new 2022 code so are all interconnected - Sitting area in front of units & building design has one unit setback for added privacy - Unit 1 lease expires 22/09/2022 & Unit 2 lease expires 10/05/2022 - Land rates & water connection fee of approx. $4,600 per year (water excess charged extra) No open houses are planned so call Scott or John for your private inspection.