Triplex - Solid Investment SOLD

6 Second Avenue, Atherton QLD
$455,000
  • Area 1618 m2
  • Beds 6
  • Baths 3
  • Cars 3

Description

This solid brick Triplex set on a large 1,618m2 allotment returns approximately $670 per week across the whole triplex. It would make a great addition to any portfolio or to secure somewhere to live and have an income at the same time. The units have always had a high occupancy rate with limited vacancy and turnover.

Each of the units are 2 bedrooms with one bathroom, have spacious living areas and separate carports.

Unit 1:
- Open plan living
- Tidy kitchen with freestanding oven/stove .
- Two bedrooms with built-in robes
- One bathroom in good condition – shower, vanity.
- Separate toilet
- Internal laundry with tub, linen cupboard & door access to clothesline
- Vynl flooring to all living areas and bedrooms
- Security screens throughout
- Electric hot water
- Single carport
- Currently rented for $210/week

Unit 2:
- Open plan living
- Kitchen with overhead cupboard & freestanding oven/stove.
- Two bedrooms with built-in robes
- One bathroom – shower & large vanity
- Separate toilet
- Internal laundry with double sink, linen cupboard & door access to clothesline
- lino flooring to all living and bedrooms
- Electric hot water
- Single carport
- Currently rented for $210/week

Unit 3:
- Stylishly renovated 5 years ago
- Open plan living
- Well equipped kitchen with electric cooktop & stove top, rangehood and overhead cupboards.
- Two bedrooms with built in robes
- Modern bathroom – shower, vanity
- Separate toilet
- Internal laundry with sink, linen cupboard & door access to clothesline
- Vinyl flooring to all living areas and bedrooms
- Security screens throughout
- Electric hot water
- Single carport
- Rented for $250/week

Triplex Features Include;
- No body corporate
- Approx. 7.66% gross return
- Central location
- Large 1,618m2 block

This solid building is in exceptional condition with plenty of opportunity to add further improvements to add extra value and rental income.

This desirable property is in a prime location across the road to Atherton High School and walking distance to Atherton town centre.

For further information or to arrange an inspection, contact Exclusive Agent Raquel Cunzolo at Sommerset Realty. Show More

Location