Duplex Property with further Development Potential

This property not only provides a good return on the existing Duplex but also offers the potential of further development.<br/>Application for a third Unit is already before Council and has been tentatively approved subject to some minor conditions.<br/><br/>The existing Duplex is a low maintenance low set textured block construction on concrete slab with colorbond roof and aluminum framed windows.<br/><br/>Each unit comprises two bedrooms, bathroom, laundry, kitchen and open plan dining/living area.<br/>Each Unit has a single open carport.<br/>The original carport on Unit One has been converted to a semi-enclosed patio area and a new single carport added to the front of the building.<br/><br/>Unit One has been substantially renovated including new kitchen and outdoor living area and has split system air cons to the living area and main bedroom.<br/><br/>Unit Two is essentially in original condition and has the one split system air conditioner in the living area.<br/><br/>NOTE:<br/>Improvements include a 6m x 9m colorbond shed located at the rear of the main building.<br/>This shed could be utilized by the owner or Let out, however, it will need to be removed if a third Unit is to be constructed.