Duplex Property with further Development Potential

Unit Sold - SLADE POINT QLD

This property not only provides a good return on the existing Duplex but also offers the potential of further development.
Application for a third Unit is already before Council and has been tentatively approved subject to some minor conditions.

The existing Duplex is a low maintenance low set textured block construction on concrete slab with colorbond roof and aluminum framed windows.

Each unit comprises two bedrooms, bathroom, laundry, kitchen and open plan dining/living area.
Each Unit has a single open carport.
The original carport on Unit One has been converted to a semi-enclosed patio area and a new single carport added to the front of the building.

Unit One has been substantially renovated including new kitchen and outdoor living area and has split system air cons to the living area and main bedroom.

Unit Two is essentially in original condition and has the one split system air conditioner in the living area.

NOTE:
Improvements include a 6m x 9m colorbond shed located at the rear of the main building.
This shed could be utilized by the owner or Let out, however, it will need to be removed if a third Unit is to be constructed.