2/18 Gapparis St, Kin Kora is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 962m2.
Looking for a tidy investment property with great rental yield? Look no further than 18 Gapparis Street, Kin Kora. This property offers two tidy duplex units each complete with two bedrooms, one bathroom and single lock-up garages.
Offering an impressive 7.1% gross rental return, this property is ideal for an investor or owner occupier looking to live in one and lease the other.
Each unit features;
Property features;
- Built in 2003
- 963m2 allotment
- Council rates: approx. $6,600 p.a
- Unit 1 tenanted until 10/12/23 for $280/wk
- Unit 2 tenanted until 6/3/24 for $280/wk
Located in Kin Kora, this home is a short walk to Kin Kora Primary School and Drakes shopping complex inclusive of grocery store, bakery, cafes and restaurants, hair salon, bottle-o, gym and much more. Within a short 3-minute drive of Toolooa State High School and Stocklands shopping centre.
Contact Hayley to book an inspection. Please note atleast 24hrs' notice is required for all inspections as both units are currently tenanted.
**Please note the information in this advertisement comes from sources we believe to be accurate, but accuracy is not guaranteed. Interested parties should make and rely on their own independent enquiries and due diligence in relation to the property**
The size of Kin Kora is approximately 1.9 square kilometres. It has 6 parks covering nearly 52.1% of total area. The population of Kin Kora in 2011 was 2,689 people. By 2016 the population was 2,593 showing a population decline of 3.6% in the area during that time. The predominant age group in Kin Kora is 40-49 years. Households in Kin Kora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kin Kora work in a trades occupation. In 2011, 69.7% of the homes in Kin Kora were owner-occupied compared with 59.1% in 2016.
Kin Kora has 1,136 properties. Over the last 5 years, Houses in Kin Kora have seen a 105.29% increase in median value, while Units have seen a 173.91% increase. As at 31 October 2024:
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