21 Jannila Avenue, Cranbrook QLD 4814

Conveniently located between the Willows and Stockland shopping centres, a stone's throw from Kmart Plaza, and just a short drive from the university and hospital, this location appeals to many and has an excellent rental record.

This duplex of 2 units on one title (no strata / body corporate) is set on a low maintenance 809m2 block. Each unit has 2 bedrooms, (airconditioned), 1 bathroom, modern kitchen units, fully security screened, carport and fully fenced rear garden with a lawn locker. One unit also has a fully enclosed rear patio.

One unit is currently leased until January 2023, the other unit until August 2023.

Current rent is $585 per week - increasing to $595 per week in August 2022. Providing a gross return of 6.89% (based on the asking price with current rents in place).

In recent years the duplex has been fully painted inside and out, separate safety switches installed for each unit, and many of the appliances have been replaced (for example stoves and air-conditioners). All the hard work is done for you!

With an extremely low vacancy rate, this is the perfect property to start or build your investment portfolio.