Cashflow Positive + up to $80,000 Instant Equity!
Here’s the dilemma many investors face. Should you choose an investment property that offers Cashflow Positive returns, or one that has good prospects for Capital Growth over the next 5 years?
Well, you can now have both and you don’t need to wait 5 years. This unique property offers the potential for Cashflow Positive returns AND immediate Capital Growth!
So how is this possible? It’s very simple really. Once construction is complete, you can strata title this 6 bedroom Duplex into separate 3 bedroom homes. Local agents advise this will instantly boost the combined value of the dwellings by $40,000 – $80,000!!
That’s amazing when you consider there’s no physical work involved and strata titling costs less than $10,000.
This property gives you numerous options:
- Live in one home and rent the other… your tenant helps pay the mortgage for you!
- Rent both homes to maximise your yields. Cashflow Positive returns of around $100 per week after all costs including mortgage payments, rates, management fees and insurance. Independent rental appraisal of $620 – $660 per week.
- Rent both homes and borrow against the increased value to fund your next property investment.
- Sell one dwelling to reduce your debt.
- Sell both dwellings to fund the kids’ university fees, a new car or your next investment… perhaps another Duplex?
For a purchase price of only $580,000, this quality property offers:
- Two dwellings (each with 3 bedrooms, 2 bathrooms, 1 garage)
- Large 800m² corner lot (each home has its own street frontage and driveway)
- Brick & tile construction
- Separate undercover alfresco areas
- Air conditioning & fans
- Stone bench tops
- Security screens & blinds
- Fences, turf & landscaping
- Separate power & water meters, hot water systems, clothes lines & TV antennas
- 20 Year Structural Guarantee
The property is located just 200 metres from a new shopping complex that is due to open this year (Woolworths, specialty stores & medical centre).
The largest shopping centre in Ipswich is just 9 minutes away (Riverlink includes Coles, Kmart, Target, Woolworths, Aldi, Cinemas and over 150 specialty stores).
It’s only 2.5km to Brassall State School and 7km to the Ipswich CBD.
Ipswich has 84 suburbs and is one of the fastest growing regions in Australia. According to Ipswich City Council, the current population of 200,000 is expected to explode to 435,000 in the next 14 years!
Sorry, this property is now SOLD. For information about other Ipswich properties, contact Brian White on 0418 360 490 or firstname.lastname@example.org
Love the Duplex concept but prefer a different location? We can provide similar properties in Springfield, Toowoomba, Moreton Bay, Logan City, Gold Coast and the Sunshine Coast.
NOTE: Returns will vary depending on your personal circumstances. Always seek independent financial, legal and taxation advice before making any investment decision.