At a current list price of $259,000 returning $380 per week, this 2 x 2 bedroom duplex is showing a gross return of 7.5%. The units have not been strata-titled and there is no body corporate.
Each unit offers 2 bedrooms, 1 bathroom, kitchen and separate lounge, laundry and single carport. This neat and tidy duplex, centrally located, has been freshly painted outside and includes a 5 year old roof, security screens and concrete stumps.
Located on a 532 m2 allotment close to South State School, convenience and take-away shops, St John's private school, hotel and CBD. If you are seeking a cashflow investment, this may well be worth your consideration.