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127 Ramsay Street, Centenary Heights, Queensland 4350

Sold for $430,000

Date listed: 4/9/2019
Duplex 6 2 2
 

Amazing Duplex Opportunity on 1520m2

Amazing Duplex Opportunity on 1520m2 on one title. Two 3 bedroom units (chamfer on brick construction) with a gentle slope to the 28m street frontage & with 55m depth. This property provides the almost perfect site for solid holding income and potential future re-development in an excellent location.

Featuring:

UNIT 1:
- Renovated kitchen,
- Original bathroom with updated vanity
- Original laundry with separate toilet
- Lounge room with sliding door to large front patio
- Three good sized bedrooms
- New carpet and curtains
- Good sized yard including SHED for the vehicle - 6m x 4.5m
- Currently renting for $275/week.

UNIT 2:
- Newly renovated and stylish kitchen
- Renovated bathroom
- Original laundry with separate toilet
- Freshly painted throughout
- Quality new carpet and curtains to lounge and all bedrooms
- Lounge room with sliding door to large front patio
- Electrical rewiring and new light fittings throughout
- Three good sized bedrooms
- Good sized yard with carport and small garden shed
- Currently renting for $295/week

With current rental of $570/week (over 6% gross return) this property is a 'much better than the average' investment for your portfolio. All up land size is 1520m2 - the whole package is on one Title. The site may be redeveloped (subject to Council approval) & would provide excellent appeal due to the location and aspect. Or, it can be held as is, with solid rental income, "JUST" poised for future growth. It's decision time!

Property Type
Duplex
Bedrooms
6
Bathrooms
2
Car Spaces
2
Property Status
Sold
127 Ramsay Street
Centenary Heights
Queensland 4350
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