Set & Forget Investment Opportunity!

3 Joann Court, Oakey, 4401

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450,000 AUDEst. Mortgage: AUD 3,162/monthFor Sale
  • Ownership Type Duplex/semi-detached
  • Property Area 0 sqft
  • Bedrooms 5
  • Bathrooms 3
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 2

Property Overview

- Brick and iron duplex
- Dual income returning $580 per week (from May 2021)
- Returning 6.7% as of May 2021
- Unit 1: 2 bedrooms, 1 bathroom, 1 car accommodation
- Unit 2: 3 bedrooms, 2 bathrooms, 1 car accommodation
- Spacious, open floor plans
- Reverse cycle air-conditioning & ceiling fans
- No body corporate fees
- 800m2 allotment

Set on an 800m2 allotment in a quiet cul-de-sac, 3 Joann Court in Oakey is a smart investment with great returns! The modern duplex makes for a perfect "set and forget" investment property.

Unit 1 features 2 carpeted bedrooms, both with large built-in cupboards and ceiling fans. The open plan living and dining space boasts reverse cycle air-conditioning and timber look vinyl flooring. The modern kitchen hosts a 2 bowl sink, gas cook top, range hood, electric oven, huge walk-in pantry and a dishwasher, and the 2 way bathroom has a shower, toilet and vanity. For your vehicle there is a single remote garage with internal access and a built-in cupboard. Externally there is a small patio set in the fully fenced, private courtyard. Unit 1 is currently rented at $270 per week until August 2021.

Unit 2 is located to the rear of Unit 1 so is completely private and set back from the street. It features 3 carpeted, built-in bedrooms with ceiling fans, the master boasting an ensuite with a shower, vanity and toilet. The kitchen, lounge and dining area is all open plan and has reverse cycle air-conditioning with timber look vinyl flooring, and the modern kitchen hosts a 2 bowl sink, gas cook top, range hood, electric oven, pantry and a dishwasher. The family bathroom has a shower, toilet and vanity, and the adjacent laundry has a single tub, with plenty of cupboard space located in the hallway. For your vehicle there is a single remote garage with internal access. Externally there is a small patio in the large, private courtyard. Unit 2 is currently rented at $295 per week until May 2021, with the rent the increasing to $310 per week..

Both units have an instant gas hot water system (bottled gas) and a rainwater tank in their courtyard.

As a bonus, the duplex is not strata titled so there are no body corporate fees applicable for the property.

Oakey is fully equipped, with primary and secondary schooling, a hospital, Foodworks, IGA, fuel station, aquatic centre, cultural centre, parks, RSL, tavern and takeaway options! What more do you need?!

For your convenience the Daniel Burrett Team is available 7 days a week to arrange your private viewing.

General rates: currently $1,480.69 net per half year
Water rates: currently $292.59 net per half year plus consumption

Primary school state catchment: Oakey State School
High school state catchment: Oakey State High School

Home Built: 2010

Location on Google Map

3 Joann Court, Oakey, 4401

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