This is a rare opportunity you won't want to miss. This purpose built duplex is only 10 years young and offers a 4-5% gross return. Upstairs is a 2 bedroom, 2 bathroom unit with a single lock up garage. The ground floor unit has 3 bedrooms, 2 bathrooms and a 2 car tandem lock up carport and lovely secure courtyard. The upstairs unit is in front of and above the downstairs unit's car accom, so one is not sitting on top of the other. The location cannot be overstated. It sits facing parkland on a 405m2 block and is just 3 blocks from the waterfront, 300m to the train station and 450m to Lota State School. The Manly Yacht Club, Wynnum Leagues Club, boat ramps, recreational areas, quality shops and cafes are all close by, offering so many lifestyle benefits..... which is why these units are so popular with quality long term tenants. It also provides an opportunity for an owner occupier to live in one and rent the other. It could be perfect for someone downsizing, with the benefit of some added income and being able to enjoy the lifestyle features of the area. Unit 1: Returns $430pw in rent and is leased until 11/2/22 3 bedrooms, 2 bathrooms, 2 car tandem with remote door Master bedroom has ensuite, built-in robe & ceiling fan Bedrooms 2 & 3 with built-ins and ceiling fans Combined living and dining with air-con Kitchen with electric appliances, pantry and dishwasher Main bathroom with separate toilet and laundry Large covered entertaining area with grassed courtyard and garden Unit 2: Returns $390pw in rent and is leased until 31/5/22 2 bedrooms, 2 bathrooms, 1 car garage Internal stairs from garage and laundry Master bedroom has WIR, ensuite and ceiling fan Bedroom 2 has built-ins and ceiling fan Main bathroom with shower, vanity and toilet Kitchen is L-shaped with electric appliances, dishwasher & pantry Open plan air-conditioned living area Front balcony It's rare to find such a high yielding investment property these days so don't delay as it is sure to be snapped up fast. Call Lynette for more info or for inspection times.