37 Illuta Street, Rasmussen QLD 4815

If you’re looking at a good long-term investment with and excellent yield then this one is certainly worth a look. This type of property, considering its location and quality is always in demand by quality long term renters.

This particular Duplex has a unique design as it gives both tenants a sense of privacy and it gives the feeling like each side is a separated residence. Due to the land being on a corner, it has access on two different streets, this sets both of the yards apart from each other offering an abundance of privacy and excellent fencing for pets and general security.

The property is just stone’s throw away from Shopping Centre's such as the brand new Riverway Plaza, and about 10 minutes away from the Willows Shopping Precinct.

A Duplex such as this can be very attractive to an investor, you could live in one side and rent out the other. The advantage with a duplex is that you do not need a body corporate, so this would in effect keep your expenses to an absolute minimum while collecting rent from both sides.
Each side is currently renting $250 per week, (both $500 per week)
Rates for both sides are approximately $5696 per year including water fees.
Building insurance is approximately $1,600 per year.
Building features include;
. Land size is 671 square metres
. 2 Street access
. 2 Splits & 4 box air conditioners
. Built from concrete block
. Roof is made of metal (looks like a tile)
. 4 Bedrooms, 2 bathrooms, 2 garage
. Fully fenced