Lowset strata titled duplex
Features include:-
Unit 1
- 2 good sized built-in bedrooms
- Spacious open plan living and dining room with ceiling fan
- Neat and tidy kitchen with electric cooking appliances
- Additional rumpus room / living space
- Family bathroom featuring a shower over bath and vanity
- Separate toilet for added convenience
- Laundry complete with single wash tub
- Security screens fitted to doors
- Rainwater tank
- Privacy fenced shared backyard
- Currently rented at $290 per week until January 2024 (Predicted to increase to $320 - $330 come January 2024)
Unit 2
- 2 good sized built-in bedrooms, main bedroom featuring ceiling fan
- Spacious open plan living and dining room with ceiling fan
- Updated kitchen with electric cooking appliances, rangehood and dishwasher,
- Modern bathroom featuring good sized shower, vanity and toilet
- Security screens fitted to doors
- Single covered carport
- Shared garden shed
- Privacy fenced shared backyard
- Currently rented at $270 per week unit 27th March 2023
- Tenants have signed 12 month lease renewal (commencing 28th March 2023) at $330 per week until March 2024
Located in the ever desirable Centenary Heights, nearby to great amenities, 38 Crotty Street is a smart investment with great returns, nearby to great amenities and makes for a perfect 'set & forget' investment property.
Unit 1, positioned to the front of the duplex, features 2 good sized built-in bedrooms, spacious open plan living and dining with ceiling fan to keep you comfortable in the warmer months. The neat and tidy kitchen is centrally located and hosts a freestanding electric stove, 1 ½ bowl sink, pantry and ample storage and the family bathroom has a shower over bath and vanity, the toilet is separate for added convenience and the internal laundry features a single wash tub. For those looking for extra space, the single garage has been converted into an additional living space providing a multitude of opportunities.
Unit 2, set back from the street, features 2 generous built-in bedrooms (1 bedroom with ceiling fan), spacious open plan living and dining with ceiling fan and raked timber ceilings. The kitchen has been updated and hosts a 2 bowl sink, electric freestanding stove, rangehood, pantry, plenty of storage and an always popular dishwasher. The modern bathroom hosts a large walk in shower, vanity and toilet internal laundry with a single wash tub and for your vehicle, there is a single covered carport with easy access to the unit.
Additional features to the units include security screens fitted to doors, electric hot water system and good sized communal grassed backyard with garden shed for storage.
Investors - the full tenanted duplex units are currently rented through our RE/MAX Success Property Management Department and is currently returning $560 per week, increasing to $620 per week from 28th March 2023.
Unit 1 is rented at $290 per week unit January 2024. Unit 2 is rented at $270 per week until 27th March 2023. The tenants have signed a 12 month lease renewal, commencing from 28th March 2023 at a weekly amount of $330 per week. We anticipate unit 1 will increase to $320 - $330 per week come January 2024. That will be up to a $660 per week return on investment!
The duplex has already been strata titled so the hard work is done!
Rent both units and reap the rewards, move into one and rent the other... there are plenty of options to consider!
For your convenience Team Elevate is available 7 days a week to arrange your private viewing.
General rates: currently $1,061.88 net per half year per unit
Water rates: currently $314.59 net per half year plus consumption per unit
Primary school state catchment: Gabbinbar State School
High school state catchment: Centenary Heights State High School
Home Built: 1980
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