Property ID: 1P0543

94. Fern Parade Griffin QLD

$ 497,000
  • 5
  • 3
  • 2
  • House
  • Sold
  • 486 sqm
  • 2
Unique 5 bed Home Or High Yield Duplex Investment
Located in a quiet street in sought after Griffin, this property has a multitude of uses:

1. Large 5 bedroom family home with dual living for the kids or the grandparents to have their own space;
2. Live in one side and rent out the other;
3. Rent them both out for $630 to $660p/w combined, for a high yield cash flow positive investment returning over 6% per annum with 2 income sources, minimising vacancy costs between any change in tenancies.

The property is in a great central location close to public transport, schools, train station, cafes, Westfield Shopping Centre and the Bruce Hwy.

- Two bedrooms with built ins;
- Open-plan living and dining area;
- Modern kitchen with stone bench tops and quality appliances;
- Air Conditioning;
- Ceiling fans throughout;
- Low maintenance;
- Single lock up Garage;
- Rental estimate $290 to $310p/w

- Three bedrooms with built ins, master features ensuite & walk in robe;
- Open-plan living and dining area of the kitchen;
- Modern kitchen with stone bench tops and quality appliances;
- Separate Formal Living area;
- Air Conditioning;
- Ceiling fans throughout;
- Low maintenance;
- Single carport;
- Rental estimate $340 to $360p/w

The property is freehold with no body corporate fees and on 1 title so only one set of council rates. They are also individually metered for water and power for each side, so tenants are responsible for their individual outgoings.

If you have been looking for that perfect investment opportunity, or a home with options for now or the future then this could be the one for you. Motivated sellers instructions are clear, and this property will be sold.

Check for inspections times, or contact Lee Dwyer on 0439 111 899 to arrange a private inspection.*Images and sizes are indicative only.*

*McAndrew Property Group is open for business and as always, we are more than happy to assist you with your property search. Due to COVID-19, we will be ceasing open homes until further notice however we will continue to conduct private inspections, by appointment, providing our owners and tenants are happy for this to proceed. Please do not hesitate to contact us to book a private inspection in.*

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