Investment Dual-Key: Lot 3 Wegener St,

New Home

Quick Summary

Property ID
Land Price:
$175,000 - $0
Build Price:
$293,980 - $0
$468,980 - $0
Property Type:
New Home
Land Registration:
December 2016
External Area:
690 m2
3 + 1
2 + 1
1 + 1
Rent p/w:
$550 - $580


Property Description


The dual-living products are providing investors with two rents instead of one, offering a higher rental yield and making this investment cash-flow positive.

The concept of dual-living consists of two individual self-contained residencies all contained within the one traditional housing design. The residencies can be either 4+1 or 3+1 bedroom. The dwellings are split by a certified fire wall, which allows the owners to separately rent one or both of the homes to tenants, offering an additional rental income.

Various councils have different names for these types of dwellings, such as Dual-Key Homes, Auxiliary Units, Granny Flats, Associated Units and Secondary Dwellings. These are generally defined by council’s as “a self-contained dwelling that:
. Is established in conjunction with another dwelling (the principal dwelling)
. Is on the same lot of land as the principal dwelling
. Is located within, or is attached to, or is separate from the principal dwelling.”

This new concept of dual-living offers various opportunities for buyers such as:
. First home buyers can relieve their mortgage stress by having an additional source of income from renting one of the dwellings.
. Large families requiring five bedrooms, as well as families living with aged parents or older children are able to do so with these dual living arrangements.
. Investors can achieve a higher rental yield with the two rental incomes, along with the low outgoings, which these dual-living products offer.

Benefits for Investors:
. Two sets of rental income producing a higher yield, which should ultimately make this a cash-flow positive investment;
. Lower risk associated with vacancy periods as there is a secondary rental income;
. No strata fees, as the dwellings remain on the same lot/title.
. One set of council rates and water rates, as opposed to strata titled dwellings.
. Market rents for each dwelling are more affordable to rent than a typical 4 bedroom investment property, which increases the demand for this type of property.

Located in a high position in Churchill
All blocks are clear and ready to build your dream home
NBN connections directly to every home offering fast and reliable internet access
350 meters to Goodstart Early Learning Child Care Centre
480 meters  Churchill State Schools shops, public transport & minutes from Ipswich CBD
800 meters from proposed Churchill train station  
2 km to University of Southern Queensland.
2.1 km to Yamanto Shopping Center
2.3 km to Cunningham Hwy
3 km to Ipswich Hospital
3.6 km to Ipswich CBD

We can assist with finance if required including using your first home owners grant to reduce your deposit. Investors we can provide appraisals and rental management information on completion.

Build this design, choose another design from our hundreds of plans or have one our experienced draftspersons create a unique plan just for you!

To reserve this property initial deposits of $1000 will be required.

For more information or details please contact the agent today!

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