1 & 2/16 Neitz Street, Morayfield QLD 4506

This stunning duplex is located in a quiet residential neighbourhood in Morayfield.

16 Neitz Street sits in a great estate on a quiet street and is surrounded by quality homes.
This large 6 bedroom, 4 bathroom property is close to the Morayfield Shopping Centre, schools, parks and public transport.


Both units feature 3 bedrooms, 2 bathrooms, large kitchen, large open plan living, single lock up garage and fully fenced backyard.


Each property has a modern kitchen with stone benches, oven, cooktop, range hood and dishwasher.
All kitchen appliances are stainless steel and in very good condition. Off the kitchen in both properties you have open plan living and dining areas with lots of natural light.
Both properties also have private covered back patio areas and they have fully fenced large backyards.


Key Property Features include-

- Close to essential amenities
- Good size bedrooms with built in wardrobes
- Open plan living areas
- Modern bathrooms with shower and bathtub
- Great size kitchens with stone bench tops and stainless steel appliances
- Excellent rental yield (over 8% including NRAS incentives)


This is the perfect place for a smart investor looking for a high quality duplex in great condition.
The property is also well suited to an extended family wanting to all be together but have separate living zones.


Both properties are currently tenanted with great tenants.
It is very rare to find such a quality duplex with excellent rental yield over 8%.

Annual Rental Income = $25,688
NRAS Incentive - $11,124.07 x 2 = $22,248.14
Annual Rent + NRAS Incentive = $47,936.14
= 8.4% Yield


Don't miss this opportunity!
Call Kyle today on 0409 022 755 to arrange your inspection.