289 Palmerston Highway, Stoters Hill QLD 4860

This solid brick duplex is not strata titled so currently only one lot of rates. Returning $590 per week the numbers add up very nicely. A rough calculation gets it at about 6% net.

Sitting on 809 sqm with stunning views to the North and South. Unit 1 has a double carport along with a good sized fenced rear yard. Number 2 has the single carport but with an even better rear yard. Both have two good sized bedrooms with air con and built ins. The bathroom in 1 is freshly renovated and very modern and the kitchen has also had a facelift. The living rooms are both large and capture the views over the farmlands and to the mountains beyond. A real bonus is the rumpus/ craft room which is massive and could almost make a third bedroom. Both townhouses have excellent storage, a huge separate laundry and are massive in square metres.

There is potential here to strata title and sell off individually, possibly live in one and rent the other, or buy it in your self-managed super fund. With 100% occupancy, high and dry and solid as a rock it looks like a no brainer to me.

$449 000

Contact Michael Skuse