Property Details
74 Bradman Way, URANGAN QLD 4655
Offers Over $1,150,000Description
Rare Dual-Property Investment Opportunity in Hervey Bay - Two Modern Homes on One Title!
House - URANGAN QLD
Attention investors! This is an extraordinary opportunity to secure not just one but two contemporary homes on a single, low-maintenance block, all under ONE title-significantly reducing your rates and maximising your returns. These properties are a perfect addition to any investment portfolio, offering strong rental income, future growth potential, and flexible living options.
Built-in 2020, both homes are still under the builder’s warranty and eligible for depreciation benefits, providing even greater value for savvy investors.
Property Features:
• Two Modern Homes on One Title: Each home boasts 3 spacious bedrooms, with the master including a stylish ensuite. A double lock-up garage with remote control access is available for both, along with an extra garden shed for added storage. These homes are thoughtfully designed to cater to modern lifestyles and offer low-maintenance living.
• High-End Amenities: Featuring sleek stone benchtops, air-conditioned living spaces, ceiling fans, and security screens, these homes are designed for both comfort and style. Tiles throughout keep the homes cool, adding to the low-maintenance appeal.
• Outdoor Entertaining: Each property comes with a private, undercover patio area set on a fully fenced block, providing a peaceful retreat for outdoor dining or relaxation.
• Serene, Leafy Outlook: Both homes back onto a council-owned green area, offering scenic views of beautiful large trees, creating a tranquil, nature-filled backdrop while still being centrally located and no worries about them being built out.
• Strong Rental Returns: Both properties are currently leased until January 2025, with one home generating $495 per week and the other $525 per week, yielding a combined rental income of $1,020 per week, or an impressive $53,040 per annum – with 6 months left of the leases this return will grow and grow year on year with rental prices increasing.
• Investment Flexibility: Whether you want to rent out both homes for maximum rental income or live in one and lease the other, this property offers excellent flexibility for all kinds of investors.
Additional Investment Potential – Expand Your Portfolio!
Looking to increase your investment returns further? The adjacent property at 72 Bradman Way is also available for purchase, providing an exciting opportunity to expand your portfolio.
This neighbouring property offers:
• Spacious Living: A 4-5 bedroom home, including a large master bedroom with ensuite. The additional multipurpose room can be used as a bedroom, home office, or family room.
• Gourmet Kitchen: Perfect for attracting long-term tenants, the kitchen features modern appliances and ample storage space, ideal for families or those looking for luxury in everyday living.
• Open-Plan Living: The expansive dining and lounge areas make this home perfect for family living or tenants seeking spacious, comfortable accommodation.
• 6x6m Man Shed: A massive rear shed with side access, perfect for storage, hobbies, or as a workshop, adding extra appeal for tenants with larger families or those requiring extra space.
• Double Garage: With epoxy-sealed floors for a polished look, this home is designed for easy maintenance and durability.
• Leafy Surroundings: Situated on a quiet street, central to local amenities, this property shares the same peaceful, leafy outlook as the dual-home property.
Why This Is a Must-Have Investment:
• Low-Maintenance, High Reward: Modern, well-designed homes that require minimal upkeep, ensuring your investment remains hassle-free.
• Strong Tenant Demand: With desirable features and a central location, these properties are in high demand, offering consistently strong rental returns with low vacancy rates.
• Growth Potential: Acquiring the neighbouring property allows for increased rental yield and long-term capital growth. Owning both sites maximizes the value of your investment.
Rental Appraisal:
A current rental appraisal by Carter Cooper estimates a rental return of $530-$570 per week for each home, further strengthening the financial benefits of this unique opportunity.
This is a one-of-a-kind opportunity to invest in two high-performing properties with tremendous potential for portfolio growth. Don’t miss out-contact Jasmine Corrick today to arrange a viewing and take the first step toward securing this exceptional investment opportunity in Hervey Bay.
Property Features
- House
- 6 bed
- 4 bath
- 4 Parking Spaces
- Air Conditioning
- Land is 801 m²
- Floor Area is 320 m²
- 4 Garage
- Remote Garage
- Secure Parking
- Dishwasher
- Built In Robes
- Courtyard
- Outdoor Entertaining
- Shed