Property Details
Welcome to 10 Nelson Court, Morayfield.
This duplex built in 2015, is much larger than the average duplex, as it consists of 6 bedrooms, 5 bathrooms, 3 garages and is situated on a 524m2 block.
With 2x long term tenants already secured, this is a rare opportunity for you to add a lucrative, dual income, set & forget investment property to your portfolio.
10a – The highset consists of:
Downstairs features:-
> Open plan tiled kitchen & living area is air conditioned
> Kitchen with Westinghouse electric cooktop, oven & dishwasher
> Separate laundry with toilet
> Internal stair case
> Double remote lock up garage with internal access to the home
> Private outdoor patio area overlooks low maintenance backyard
Upstairs features :-
> 4 bedrooms, all with built in robes & ceiling fans
> 2 bedrooms are master bedrooms with access to their own ensuite with shower, toilet & vanity
> 3rd bathroom upstairs with shower over bath, vanity & toilet
> Study area or 2nd family room
10b – The lowset consists of:
> Open plan kitchen & lounge room is air conditioned & tiled throughout
> Kitchen with Westinghouse electric cooktop & oven, dishwasher
> Air conditioned Master with large built in robes & ensuite with shower, toilet & vanity
> 2nd bedroom with built in robes & ceiling fan
> 2nd main bathroom with shower over bath, toilet & vanity
> Separate study upon entrance
> Single remote lock up garage with internal access to the home
> Separate laundry
Rental Return & Lease information:
10a – The highset is currently tenanted long term until 31st March 2025 with a rent return of $550.00 per week. 10b – The lowset is also tenanted, with a lease in place until 17th June with the current tenants looking to extend, as of 17th June the rent return will be $440.00 rent per week.
Combined – Following the new lease of 10b, the duplex as a whole will be returning $990.00 rent per week equaling a very attractive gross return on your investment of approx. 5.72% per annum, at this asking price. Please note there are no body corporate fees for this property.
This property offers easy access to the Bruce Highway for Brisbane or Sunshine Coast commuters. Within a 10 minute short drive to Morayfield East State School & Morayfield State High School as well as all the amenities that the Morayfield shopping centre offers including business and medical precincts.
Dual income investment properties like this duplex are a rare find, especially in the current market so be sure to contact Jarrod Willis direct today on 0402 164 516 or via email at jarrod@4510.com.au before this opportunity passes quickly.
Land area
524 sqm (approx)
