51 Conifer Avenue, Brassall
It’s getting hard to find these dual key investment properties with a strong rental yield. This wonderful 5 year old Brassall dual- key property will achieve that and has good tenants in place already. Added bonus is it is managed by our office.
Offered for sale with good tenants in both sides. Unit 1 consists of 4 bedrooms, a/conditioned master with ensuite while the other three bedrooms share a family bathroom. A descent sized all electric kitchen with d/washer and an air-conditioned open living zone for meals and lounge room. Some side yard for the kids to play.
Unit 2 has a nice single tenant in place and who is also keen to stay on. This side is compact and very neat & tidy and has that modern unit/ accommodation feel. Consisting of one bedroom, one bathroom (ensuite) and a euro styled kitchen complete with electric appliances and dishwasher. The separate internal laundry is a real bonus. Nice sized a/condition living zone serves this tenant well.
These dual key properties are always sort after by smart investors because they generally always have tenants in both sides, so no down time. Unit 1 currently rents for $320 per week and unit 2 currently rents for $240 per week. These are both managed in house by our senior property mangers and have suggested an increase in line with current rents of possibly $330 & $250 per week at renewal time. Current gross rent return of close to 5% with the possibly of a higher return. Better than leaving your money in the bank.
The area is serviced by the Brassall and Blair State Primary and Ipswich State High Schools. There is also, in many cases, free or government subsidised bus transport to a host of private schools including St. Edmunds and St. Mary’s Colleges, Ipswich Boys and Girls Grammar Schools and West Moreton Anglican College.
The area is surrounded by several parks, sporting and entertainment clubs, plenty of schooling options and all the normal amenities you would expect in one of Ipswich’s most popular suburbs. Easy access to Warrego Hwy for those commuting back to Brisbane or up to Toowoomba.
• Dual key investment opportunity
• Unit 1 consists of 4 bedrooms, 2 bathrooms and single lockup garage.
• Unit 2 consists of 1 bedroom, 1 bath and single lockup garage.
• Combined current rent of $560 per week (possibility of increase at lease time)
• #1 lease expires Feb 2023 #2 lease expires May 2023
• Both managed by our team and both have great tenants in place.
• Brassall is sought after with plenty to offers the tenants etc.
• Fenced 551 sqm block, just off Pine Mt Rd Brassall
• 2022 smoke alarm compliant.
• Inspections by appointment only.
**Disclaimer: All information is provided in good faith and is accurate to the best of our knowledge, but House Property Agents takes no responsibility for any error or omission. Buyers are encouraged to conduct their own enquiries and should satisfy themselves as to all aspects of the property prior to making any purchasing decision.