analytics

GREAT INVESTMENT - DUAL OCCUPANCY ~ 5% GROSS YIELD : RENTED AT $760 A WEEK

Introducing 46 Wellington Road, located adjoining the prestigious North Quarter Estate of Murrumba Downs: A dual dwelling comprising a  2-Bedroom Upper Floor Unit with 1 Bathroom above a 3-Car Lockup Garage and located to the rear a luxurious 3-Bedroom Ground Floor Unit with 2 Bathrooms and 2-Car Port on a Spacious 705 sq.m. Block. The front and rear units have a firewall between them allowing for the possibility of separate titles. 

This modern and beautifully constructed home was built in 2010 to an exceptional standard, ensuring long-lasting quality and offering substantial tax depreciation benefits. The property boasts numerous impressive features that make it an excellent investment opportunity. 

The property is occupied by two fantastic long-term tenants who pay a combined $760 a week, offering a stable and reliable income stream for savvy investors for a gross rental yield of ~ 5% PLUS the tax depreciation.

There is also an opportunity to construct an additional dwelling in the rear garden.

It's worth noting that a nearby 866 sq.m. vacant block has received an offer of $850,000!

The front, self-contained unit has a balcony with amazing views.

The rear ground floor unit is gated to allow use of the extensive garden.

Contact Nigel Lucas for further information.

5 3 5 705 m2
Address 46 Wellington Road, Murrumba Downs
Price SOLD for $805,000
Property Type Residential
Property ID 6159
Category House
Land Area 705 m2
Floor Area 279 m2

Agent Details

Nigel Lucas photo

Nigel Lucas

0413 351 603
View Profile
Jason Gayler photo

Jason Gayler

0403 623 863
View Profile