Centrally located, this Duplex with quality fixtures and fittings will surely impress any buyers. The first unit features three bedrooms and one bathroom with plenty of natural light. The second unit includes two bedrooms and one bathroom, perfect for a small family. Offering affordable living in a brand new home and located in a new estate that is very handy yet also peaceful.
With easy access to local schooling plus handy motorway access, the location of this property is handy and central, yet tucked privately away in a boutique estate.
With a rental income of $590.00 per week, this duplex provides the perfect opportunity for investors with an impressive rental return of approximately 6.14%.
Morayfield is a town and suburb of Moreton Bay Region Queensland and is one of Australia's fastest-growing regions. It is also known as the economic heart of South East Queensland's Northern Growth Corridor. Over the next 5 to 10 years, Caboolture's population is expected to grow annually at rates that are double Queensland's growth rates.
The population over the next 25 years is projected to grow 5.2% a year, which is more than double Queensland's 25-year growth rate of 1.9% a year. By 2036, forecasts suggest the population will triple. To support this future population, approximately 41,000 new, residential dwellings will have to be provided for residents of the Moreton Bay region.
-1/55 Hilary Street is currently on a fixed-term lease agreement until 7 June 2021 for $315.00 per week and comprises 3 bedrooms, 1 bathroom, air conditioning, dishwasher, single garage, and study.
-2/55 Hilary Street is also on a fixed-term lease agreement until 18 June 2021at $275.00 per week and is a fully self-contained, 2 bedroom, 1 bathroom, apartment with a single lock-up garage of its own. The unit also comes with air conditioning, a separate bathroom, and laundry in the garage.
Duplex Features:
- 5 bedrooms, 2 bathrooms, 2 lockup garages
- Air-conditioning & ceiling fans
- 4 bedrooms have built-in robes
- Both Kitchens offers stainless steel appliances including a dishwasher
- Stone benchtops in both kitchens
- Tiled lounge/dining with air-conditioning
- Bathroom in handy location between bedrooms
- Two single garages with laundry at the rear
- Two rear covered patios
- Fully fenced yards
Outgoings:
- Rates - $3,316 approx* per year
55 Hilary Street is situated within a short distance to Morayfield East State School, playgrounds, parks, local shops, restaurants and public transport.
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