Sold

1 / 16
$485,000

13 Peek Street, Bundaberg North QLD 4670

2 Bed

1 Bath

1 Car

Sold

1 / 16
$485,000

13 Peek Street, Bundaberg North QLD 4670

2 Bed

1 Bath

1 Car

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Easter Bunny Delivers "golden Egg" - Investment Or Live-in

Exceptionally well maintained and presented pair of units, equally perfect for a variety of buyer groups.
- The savvy investor attracted to higher returns than just a single dwelling.
- The buyer wanting to live in 1 unit and rent the other for additional income.
- Perhaps the buyer who wants the grandparents right next door.
- Or even the buyer who wants to keep one unit as a home base while they travel

PROPERTY PROFILE
Unit One (Vacant):
- 2 Sizeable Built-in Bedrooms with Ceiling Fans, Air-Con to Master
- Open Plan Lounge, Dining, Kitchen - Ceiling fans & Air Conditioned
- Kitchen has plenty of Cupboard/Bench space & room for a large fridge
- Separate laundry with external access.
- Front patio area. The unit is fully security screened
- New floor coverings and fresh paint.
- Wide, Full-Length driveway to attached lockup garage with direct, internal access
- Rental Appraisal Minimum $320pw or $16,640-p.a
This unit could be further enhanced by fencing the front for additional private space.

Unit Two: Current Lease $320pw to Nov 2023.
- 2 Sizeable Built-in Bedrooms with Ceiling Fans
- Open Plan Lounge, Dining, Kitchen - Ceiling Fans
- Garage converted to spacious family room - Air Conditioned
- Kitchen has plenty of Cupboard/Bench space & room for a large fridge
- Separate laundry with external access.
- Front patio area. The unit is fully Security Screened
- Paint & Floor Coverings in good condition
- Wide, Full-Length driveway to separate, Colorbond Garage (Remote)
- Private yard space with raised garden beds
- This unit has had significant upgrades
- $350pw or $18,200-p.a

@ April 2023 - MINIMUM GROSS RENTAL RETURN $640p.w. or $33,280p.a. 6.6% Return.
@ Nov 2023 - MINIMUM GROSS RENTAL RETURN $670p.w or $34,840p.a. 7% Return.
Your Bank Manager & Accountant will want you adding this property to your Investment Portfolio.
There are also several items that attract Depreciation Deductions to minimise your tax.

LOCATION
- Walk to Daycare, Schools (Prep to Year 12), take-a-way, Bus
- 1klms to Major Suburban Shopping Centre, Restaurants, Sporting facilities, Botanical gardens, Tavern
- 2klms to Boat Ramp, Golf Course and All City Centre Services

These types of properties are in very short supply, in fact I only found one other available For Sale in a 10klm radius around Bundaberg and none that comes close to this "Value For Money.. They are popular for a Reason.

*** Please Note that based on the record flood of 2013. Flood Water has never entered the living areas. The property has very affordable insurance... Details are available.

Direct all enquiries to the Exclusive Marketing Agent Gary Martin on Mobile 0417 635390 or gary@realwaybundaberg.com.au

***The information provided is to be used as an estimate only. All potential purchasers should make their own enquiries to satisfy themselves as to any due diligence required.***

Features

Air Conditioning

Built In Robes

Electric Hot Water Service

Remote Garage

Location

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