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Kearneys Spring 4 McQuade Street

Sold for $340,000

Bed
5

Bath
2

  • Property ID 20230742
  • Bedrooms 5
  • Bathrooms 2
  • Land Size 697 sqm
  • Secure Parking

Brilliant Investment Opportunity in a Great Location

Unit 1 consists of 2 good sized bedrooms with built in cupboards, a large open plan kitchen/living and dining area with raked ceilings and exposed beams, a good sized bathroom and a separate toilet and laundry. There is no doubt that unit 1 could do with new paint and a general tidy up but it would also increase the value as well as achieve a higher rent return than the current $210pw.

Unit 2 is more spacious and features 3 built in bedrooms as well as a good sized kitchen, a large lounge room with raked ceilings and a brick feature wall, a good sized bathroom with a separate toilet, a laundry and a single lock up garage. Unit 2 is in a much better condition and there is nothing that needs to be done but some modernising and updating would certainly improve its value and also increase the current rent of $215pw.

This duplex is as solid as a rock and presents a great opportunity to improve its value out of sight without spending a lot of money. It is well positioned on a big 697m2 block which provides a great option to create a huge private yard for each unit with some new fencing, something which is sorely missing from most newer builds and is highly sought after when looking for new tenants.

Features;

UNIT 1
• 2 built in bedrooms
• Large open plan kitchen/living/dining
• Raked ceilings with exposed beams
• Good sized bathroom
• Separate toilet
• Separate laundry
• Single garage
• Returning $210pw

UNIT 2
• 3 built in bedrooms
• Good sized kitchen/dining
• Large lounge room with brick feature wall
• Good sized bathroom
• Separate toilet
• Separate laundry
• Single lock up garage
• Returning $215pw

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