PRD Tannum Sands 93 Hampton Dr Tannum Sands, QLD, 4680 07 4973 7799
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25 Edlorowa Street
sun valley
QLD, 4680

Offers over $585,000

listing rooms 4
listing bathrooms 2
listing parking 4
Land: 981 sqm

DUPLEX - OPPORTUNITY FOR INCOME WITH RENTAL

Managed remotely, the duplex is operated as a business with 2 units for short-term accommodation to companies having staff working temporarily in Gladstone.

The property offers several attractive investment opportunities:

· Continuing the business, with a rental super yield around 10 %
· Standard letting, with an above average rental around 7%
· Market entry opportunity for homeownership with supporting rental income from 2nd unit.

Located on a quiet street in the popular Sun Valley area, this property is just minutes away from the centre of burgeoning Gladstone, and close to local schools, parks, shopping centres, public transport, and essential amenities. The duplex consists of 2 self-contained units. It presents investment opportunities for above average return, or a way to secure a home with a 2BR rental unit attached for an attractive income stream.
The property is extensively modernised and renovated. It has a new Colourbond roof and new inverter technology A/C in every room. With modern tiling, and freshly painted, it offers the style and comfort discerning tenants expect.

Each unit is furnished and comprises:
• Open plan tiled living area with large split system A/C. Kitchen including dishwasher, fridge, cooktop
• Two bedrooms each with built in wardrobes and split system A/C
• Modern bathroom with shower over bath, vanity and WC. Additional separate WC.
• Laundry with washing machine and dryer, backdoor access to rotary hoists outside.
• Two under-cover car parking spaces for each apartment, and additional storage options.

The front doors of the units open onto a wide veranda along the length of the building. Access is via external stairs to the front veranda and the back balcony. Set on a 981m2 block private from the neighbours in a quiet cul de sac.

Contact Deardrie today to arrange a viewing.

**Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves.

Agents

Nearby Schools

About sun valley

median house price

450000

suburb growth

24.7%

median house rent

500

suburb rental yield

5.8%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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