Each Unit Includes:
- Three spacious bedrooms with built-in robes
- Modern kitchen with electric appliances and dishwasher
- Air-conditioned open plan living and dining area
- Bathrooms with separate showers and bathtub
- Ceiling fans throughout
- Fully fenced large backyard
- Double lock-up garage
Investment Highlights:
- Total current rental income of $900 per week,
- Potential to increase to $980 per week based on recent appraisals
- Current Rental Yield: Approximately 5.65%
- Future Potential Rental Yield: Approximately 6.15%
- Low-maintenance modern duplex ideal for investors
- Prime location near schools, parks, and amenities
Discover an unparalleled investment opportunity at 19 Winning Street, Glenvale. This modern duplex, consisting of two spacious 3-bedroom, 2-bathroom units each with double car accommodation, offers a perfect blend of convenience, modern amenities, and solid rental returns. Ideal for investors seeking reliable income or for those wishing to live in one unit while renting out the other, this property stands out in a sought-after location.
Situated in the desirable suburb of Glenvale, these units are strategically positioned near Parklands, Glenvale State School, and essential amenities. Easy access to public transport and proximity to shopping centres and recreational facilities enhance the appeal of this duplex, ensuring a comfortable and connected lifestyle.
Unit 1: 3 Bedrooms, 2 Bathrooms, 2 Car Spaces
Unit 1 features a contemporary design with air-conditioned open plan living and dining areas, complemented by tiled floors. The kitchen is a chef's delight, equipped with stainless steel appliances, a dishwasher, and stone benchtops, providing both functionality and style. All three bedrooms are generously sized with plush carpeting, built-in robes, and ceiling fans, with the main bedroom boasting an ensuite. The main bathroom includes a separate shower and bathtub. Outside, a fully fenced large backyard offers ample space for pets and children, while the double lock-up garage ensures secure parking.
• Unit 1 is currently rented at $450 per week until 7th March 2025, presenting a secure and attractive investment.
Unit 2: 3 Bedrooms, 2 Bathrooms, 2 Car Spaces
Unit 2 offers similar modern comforts. The air-conditioned open plan living and dining areas are tiled, providing a cool and spacious environment. The kitchen, featuring stainless steel appliances, a dishwasher, and stone benchtops, is ideal for modern living. Each bedroom is carpeted with built-in robes and ceiling fans, with the main bedroom offering an ensuite. The fully fenced backyard provides a relaxing outdoor space, and the double lock-up garage adds to the convenience.
• Unit 2 is also currently rented at $450 per week until 21st February 2025, ensuring a steady income stream.
Investors - The current combined rental income for both units is $900 per week, with a future potential of up to $980 per week as per recent rent appraisals. This translates to a current rental yield of approximately 5.65% and a future potential yield of up to 6.15%, making this a highly attractive investment.
Conveniently located close to parklands, Glenvale State School, and essential amenities, this duplex offers a lucrative opportunity in a desirable area. Don't miss out on adding this impressive property to your investment portfolio. For more information or to arrange a viewing, contact us today!
General rates: currently $1,809.49 net per half year
Water rates: currently $314.95 net per half year plus consumption
Primary school state catchment: Glenvale State School
High school state catchment: Harristown State High School
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