Duplex – Invest or Rest and Invest = Sound Investment – Offers Wanted.

1-2/98A Andergrove Road, ANDERGROVE QLD 4740
$478,000 Negotiable
L16275982
For Sale

Property Details

Beds: 4 Baths: 2 Car: 3 Land Size: 800 m2

Description

Looking to invest? Want more than the Low Bank Returns? Want an Investment more stable than Fluctuating Shares? How about something you can See, Touch and is in the Real World that People Need for Shelter and comfort? How does a return rate that is higher than the borrowing rate sound? Borrow at less than 3% and Net return at Market Rent is currently 4.4% at full list price. Due to a little TLC being needed, the owners will look at offers, which only increases your returns.
Located close to Coles and Woolworths Supermarkets, Hotel, Service Stations, Doctors Surgeries, Strip Malls and Schools.
These 2 built-in bedroom sound duplex units have a twist. The back unit was previously owner occupied and has the garage built in to a Rumpus Room, then added a Double Carport, fenced back yard and a 5m X 6m shed with power with Bore and Pump inside plus a 5m X 3m lean to at the back of the shed. The front unit has a lock up garage, both units enjoy Air Conditioning and private 7m X 3m Patios. Constructed in Brick Veneer and visually pleasing. Ideal if you’re catering for 2 families or looking for a home with income as well or a sound investment.
Good tenants in place that have been there for a long time on a rising rental market.
Getting Started in property – Live in one side and rent out the other side, get a jump start in life.

Agent

Peter Keioskie
Peter Keioskie (Property Sales) P.0438803575

Peter is a fully licenced Real Estate Agent born and raised in Mackay. He started his working life as a young soldier in the Australian Army and has the discipline in which the military represents.
After his service he entered civilian life as a Real Estate consultant back home in Mackay in 1985 which gives Peter over 30 years’ experience in the local Mackay Real Estate market.

During this time Peter has gained extensive sales experience in Residential, Business, Commercial and Development Projects. He also finds his building knowledge gained as a partner of a local building company for many years invaluable. Peter believes in giving back to the community and has for many years been a volunteer in service to the community.