13 Wegener Street, Churchill

This is such a great investment. Check out the numbers below. There is so much upside to this property. Dual occupancy means 2 incomes. Live in one and rent the other out or keep it as it is (fully rented) and reap the benefits of a stable income. Growing your wealth needs a great property and this is one of those.

Located within walking distance to Churchill State School, Bremer State High School and the UQ University is a mere 2-minute drive. If you like multiple major shopping centres like The Yamanto Town Central Yamanto Shopping Village or Winston Glades Shopping Centre then they are all only 5 minutes' drive. You are spoilt for choice this is why this property is always in high demand with tenants.

Unit 1:
. 4 large bedrooms
. Master boasts a generous sized ensuite
. All bedrooms have built in wardrobes and ceiling fans in all rooms
. Family sized modern kitchen with dishwasher and plenty of bench space
And cupboards for storage.
. Spacious tiled air-conditioned living area
. Weatherproof fresco area ideal for relaxation and entertaining
. Lock up garage
. Fully secured yard

Unit 2:
. Spacious One bedroom unit
. Large bedroom with built in wardrobe
. Large open kitchen space
. Tiled air-conditioned living area
. Weatherproof fresco
. Fully secured yard

Tenancy and Outgoings:
. Unit 1 Rented at $460 per week
. Unit 2 Rented at $290 per week
. The rental return is $750 per week - $39,000 per year
. Current market rent expectations is now approx. $48,000

. Council Rates: $1136.35 per quarter or $4545.40 per year
. Water Service: $130.36 per quarter or $521.44 per year
. Sewerage Service: $378.10 per year
. Total water and sewerage: $899.54 per year
. Total Rates and water/sewerage: $5444.94 per year in outgoings

Summary:
. Awesome well maintained 7 year old dual living property
. Mere minutes to high & primary schools, major shopping centres & University
Including local Yamanto police station, parks and church
. Great flood free quiet location,
. Owner wants offers why wait this is a great opportunity