39 Meranti Street, Edmonton QLD 4869

Dual Income - Investor Alert! Set on an 800m block is this extremely rare opportunity to purchase two, 3 bedroom homes. Both homes were built in 2009 with spacious floor plans and practicality. Suitable for a range of occupants, this is a golden opportunity for someone to live in one unit and rent the other, or rent both!

- Lock up garages with electric roller door
- Spacious living and dining areas
- Master bedrooms with ensuite and walk-in robe
- Main bathroom with bathtub
- Fenced backyards
- Storage rooms

Current returns:
Unit 1 – Vacant for the purpose of the sale
Unit 2 – $380/week until April 2023

Rental Appraisal - $440-$460/week per home
This gives the full duplex a combined rental potential of approx. $900/week after renewal of unit 2 and an approximate 6.25% rental yield.

Located on a quiet street this area attracts long-term tenants and owner-occupiers alike. Only 1km to both Isabella State and St Therese's School, and 16km from the Cairns CBD. Be quick, these opportunities don't come up often.

*Photos of unit 2 not shown for privacy of occupant*

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.