14A/14B Weaver Street

Heatley QLD 4814

To address the elephant, in the room the property is not subject to flooding and this can be easily verified with the council.
The property is a Highset Duplex unit block featuring 2 X 2 bedroom units set high and a 1 bedroom unit set low under unit A.
This allows the astute buyer great flexibility in how they chose to use the property. Currently, we, the owner, live in the lower 1 bedroom unit and rent separately the other units.
Please check out the virtual walk through and the pictures do your sums and then get on phone and ask all the questions you want.
The asking price of $399,990K, is negotiable to serious buyers and all offers will be considered.
Rental Income:
B side Unit currently rented to a family that has been with us 4 years, with no foreseeable need or reason to move. Current return $270 P/W
A side, this can vary depending on the rental model you choose to apply (Currently, my wife and I reside in the 1 bedroom unit down stairs. Potential rental $220 P/W
Unit A upstairs [2 x Bedroom] is vacant to help facilitate the sale. Potential rental $280 P/W
Unit A, can also be used as student accommodation for up to 2/3. Potential return $270/380 P/W
Or, if owner not in residence you can let the whole of the A side as 1. Potential return $335 P/W
The total potential income is up to you and how you choose to manage the property.
If you choose to let as a plan duplex with unit A x 3 bed & 2 bathroom at $325 P/W and unit B standard 2 x bedroom at $270 P/W, you are looking at a gross return of $30,680 PA, that is better than money in the bank!
Out going Costs:
Local City Council cost model we use is all inclusive, water, waste & sewage at $2,698.11 paid 6 monthly.
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Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers or tenants should make their own enquiries to verify the information contained herein.