94 Fern Parade, Griffin QLD 4503

Located in a quite pocket of Griffin is this investment opportunity that provides great rental income, potential for growth and best of all no body corporate fees!

The owner is looking for a new buyer to take over this excellent five-bedroom duplex built in 2015. It is also a great opportunity for families that are looking to purchase a five-bedroom property with dual living. Alternatively, it is perfect for somebody looking to maybe live in one and rent the other side out.

The configuration consists of a 3 bedroom, 2 bathroom unit and a 2 bedroom, 1 bathroom unit producing $690 rent per week.

Unit 1 Features:

• Two bedrooms with built-ins
• Open-plan living and dining area
• Modern kitchen with stone bench tops and quality stainless steel appliances
• Gas cooking, dishwasher
• Air Conditioning
• Ceiling fans and blinds throughout
• Sliding door to front porch
• Low maintenance
• Single lock-up garage
• Security Screens
• Rented at $340p/w

Unit 2 Features:

• Three bedrooms with built-ins, master features a/c, fan, ensuite & walk-in robe
• Open-plan living and dining area of the kitchen
• Separate Formal Living area
• Modern kitchen with stone bench tops and quality stainless steel appliances
• Gas cooking, dishwasher
• Air Conditioning
• Ceiling fans throughout
• Low maintenance
• Single lock-up garage
• Security Screens
• Rented at $350p/w

The property is freehold with no body corporate fees and on one title so only one set of council rates.

They are also individually metered for water and power for each side, so tenants are responsible for their individual outgoings.

The location is ideal with the completion of stage 1 Griffin Sporting Complex, the commencement of upgrading Henry and Dohles Rocks Road and with future developments such as Freshwater Village commencing soon, the potential for growth is excellent.

Freshwater Village development (Proposed Start date in late 2022)

• Woolworths
• 21 Speciality Tenancies
• Health Services including a medical centre and pharmacy
• 264 car parks, including pram and disability parking spaces
• 64 bike spaces
• Future bus stop
• Piazza – An alfresco dining and entertainment space for live music
• Urban Arts Square – A covered green space for community activities
• Leisure and Activity Centre – Including a gym, swimming pool, restaurants
• Freshwater Farm – 1ha of land for produce farming and native planting
• Freshwater Park – 1.5ha parkland with walking tracks and recreational areas

Location:

• Murrumba Downs Shopping Centre – 2.2km
• Griffin Sporting Complex – 2.9km
• Undurba State School – 3.6km
• Murrumba Downs State Secondary College – 3.6km
• Griffin State School – 4.9km
• Living Faith Lutheran Primary – 5.3km
• Murrumba Downs Train Station – 6km
• Westfield North Lakes / Ikea – 6.9km
• Brisbane Airport – 24km
• Brisbane CBD – 25km

Duplexes are very popular due to their great investment yield and this one will be snapped up quickly!