Investment Opportunity!

Explore an exciting investment opportunity in Lamington, with this spacious brick and iron duplex unit. Built in 1999, this property combines modern convenience with classic charm, offering a floor size of 192sqm on a 475sqm block.<br/><br/>The home features an open-plan kitchen, dining, and living area, providing a versatile space that is perfect for tenants who seek comfort and style. There are three generously sized bedrooms, including a master suite with its own balcony upstairs. The family bathroom is equipped with a shower, bath, and double vanity, while the ensuite offers a shower, spa bath, double vanity, and toilet, ensuring maximum convenience for occupants. With timber floors throughout and a charming bullnose patio with a shade sheet, the property exudes quality and timeless appeal.<br/><br/>Key Features include:<br/>• Open plan living<br/>• Upstairs master bedroom with ensuite, and a balcony<br/>• Two minor bedrooms downstairs<br/>• Family bathroom with shower, bath & double vanity<br/>• Double garage with remote access<br/>• Enclosed backyard with a garden shed and lean-to with rear lane access<br/>• Outside toilet and a storeroom for extra space<br/>• Natural gas connected<br/><br/>The benefits of having NO STRATA FEES, enhances its appeal as a cost-effective investment. This property is currently leased for $750 per week, offering a solid income stream. With the lease expiring on 6th March 2025, you can enjoy a steady rental return with an approximate 8.8% return on investment.<br/><br/>Don’t miss out on this opportunity. Contact Lorna Flanagan today to find out more about this property and arrange a viewing. Secure your future with this promising investment!<br/><br/>Council rates: $2,598.62 pa<br/>Water rates: (approx.) $285.00 pa<br/>No Strata Fees<br/>