16 Cyan Street, Caloundra West QLD 4551

This is such an incredible investment that if you are an investor looking to secure a high quality long term investment then you need to give me a call and discuss/ inspect these properties. Let me tell you why.

Firstly there are 2 properties under the 1 title. That means a single set of rates at only $2400 per annum and two incomes.

Secondly, both properties are current renting for under the current market pricing. The 2 bedroom is renting for $500 per week and will comfortably achieve $550 per week. The 3 bedroom is renting for $560 per week and will comfortably achieve $625 per week. How do I know that, because our agency has 700 properties under management and over 400 in the immediate surrounds to this and all of our data indicates that these revised rental returns are comfortable achieved.

Thirdly, the properties are exceptionally well finished with high ceilings, high quality bathrooms and kitchens, spacious living, high quality flooring and great sized back yards all backing onto a beautiful reserve. Why is this good for an investment I hear you say, well the reason is simple. Tenants pay more money and stay for longer in nicer properties that feel more like a home than an investment property and that means higher rents that other comparable properties, less vacancy each year, less letting expenses that you pay your agent and more money in your pocket year on year.

Finally, because there are 15000 homes being build by Stockland in the Aura Development and within the next 5 years this property will be 15 minutes from one of the largest infill CBD"s in Australia as well as 15 minutes from one of the best beaches in Australia. This type of proximity in any other city in Australia would only be found in the the more expensive suburbs. That is the forecast for this location.

The specifics of the properties are below.

Unit 1 - 3 Bed, 2 Bath, 1 Car - Renting at $560 per week - Tenancy Ends 27/04/24
Unit 2 - 2 Bed, 1 Bath, 1 Car - Renting at $500 per week - Tenancy Ends 24/05/24

Rates are $2400 per annum
Block Size - 448sqm

With over 20 years of experience selling real estate my prediction is that the next owner of this property is going to be calling me in 10 years and thanking me for writing this add that enticed them to come and have a look at an opportunity that they may have otherwise overlooked.

It really is a great property so please give me a call if you would like to inspect or ask me any questions about this incredible investment opportunity.