HEDLAND FIRST NATIONAL has listed for sale this great duplex in Karratha. SUB DIVISION IS AN OPTION. A fantastically located residential duplex block awaits an astute buyer. This duplex house consisting of two 2 x 1 bedroom units with the only common wall being the garage roof, is positioned on 1092m2 of land and presents as a great investment as land is the precious component in property that appreciates.
Either buy to live in one side and collect rent on the other side or subdivide to crystallise a very attractive return on your money in a short space of time.
These modern neat and tidy, nicely renovated units require nothing to be done inside and present extremely well with both sides currently tenanted. Freshly painted on the interior, both units boast all new floor coverings, a fully renovated kitchen, laundry and bathroom, tiled in the wet areas with floating floor boards to complete the remaining floor space, fans throughout complement this air conditioned property making it a cool haven and completes a stylish unit indeed.
A subdivision on this property may take approximately 6 months, enough time to do a little bit of landscaping/gardening and adding value work, then have the option to increase rent, sell the units off separately or add to the current dwellings (with Council Approval). Large parcels of land like this do not come along very often and present a unique opportunity for those who have a little foresight and an inclination to create a fantastic return rather than wait for prices to rise.
Close to Pegs Creek oval, Millars Well oval, Hospital, Schools, Service Station and the Tambrey centre. One unit is leased till March 2011 and the other unit is leased till November 2012. Your Agent for this property is RICK HOCKEY 0438 934 093.
