Wilson Realty
Call: 0421 705 116

Investment Dual-Key: Lot 2 Rosemary St, , Bellbird Pocket Estate
Bellbird Park, Ipswich, QUEENSLAND New Home

  • $517,380.00Price
  • 220m2Interior Area
  • 4 + 1Beds
  • 2 + 1Baths
  • 1 + 1Garage
  • AvailableStatus
Property ID: 830
Land Registration: Registered
External Area: 470 m2
Internal Area: 220 m2
Rent p/w: $630 - $670
Council Rates p/y: $1,900 - $0
Land Price: $232,500 - $0
Build Price: $284,880 - $0
TOTAL PRICE: $517,380 - $0
Code: 27

Dual-Key Single Contract

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DUAL KEY DWELLINGS - AN INNOVATIVE INVESTMENT OPPORTUNITY

Essentially Dual Key Dwellings are two homes in one  – An innovative new product that is becoming an increasingly popular choice for investors in the residential market. 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 3+2, 4+1 or 3+1 bedroom depending on the Council. 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 DualOccupancy, Dual Key, Auxiliary Units, Associated Units and Secondary Dwellings!

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 four 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.
• Separate water meters, electricity bills, gas meters and phone lines.
• 10 Year Rental Guarantee on selected properties

Comprising 2 sources of Accommodation and Income.
Unit 1: 4 Bed, 2 Bath, 1 Car Accommodation.
Unit 2: 1 Bed, 1 Bath, 1 Car Accommodation.

Location, Location, Location
Bellbird Park is in the fast growing western corridor less than 30km from Brisbane. It sits on the doorstep of the ever-popular Greater Springfield, the largest master planned city in Australia, and has ease of access to the major cities of not only Brisbane and Ipswich but also the Gold Coast via major transport corridors, as well as public transport.

Special Features Include:
• 5 Bedrooms with B.I.R'S
• Ensuite to Master Bedrooms with W.I.R
• Open plan Family/Dining/Kitchen
• Separate Media Room
• Covered outdoor entertaining areas
• Modern Kitchen with Breakfast Bar

Deposit:
To secure your package an initial deposit totaling $1000 is required and is deductible from your package cost.

Contact us today to secure this fantastic property.