6a and 6b
Leichardt
Place
cannonvale
QLD,
4802
SOLD
Sold for $625,000
6
4
4
Duplex Excellent Returns - No Body Corp
Investing in the Whitsundays is a popular for many Australians wanting to own a slice of one of the country's best holiday destinations. Unfortunately for many, the dreams are dashed when you hear the words… Body Corporate.
Enter 6 Leichardt Place, Cannonvale. With two 3 bedroom, 2 bathroom duplexes on the one title, this house has all the income without the expense of a body corporate.
The mirror image units, one with larger yard currently rent for $430/week and $420/week respectively. With both leases just renewed, one within 24 hours of listing the property for rent and the other without advertising.
Built in 2013 and with colorbond over block construction, the low maintenance builds are perfect for investors. The 3 bedroom layout, master with built-in robe and ensutie, double garage, air-conditioning throughout and yard attached to 6A make it a popular choice for families looking to rent in the area.
The duplex currently provides a 7% gross return on investment at advertised price.
Agents
Nearby Schools
About cannonvale
median house price
760000suburb growth
7.0%median house rent
780suburb rental yield
5.3%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.
