1 & 2, 16 Sanctuary Drive, Cranley, Qld 4350

Bedrooms
5
Bathrooms
4
Parkings
2
Area
509m2
Type
Duplex/Semi-detached

Last updated on Friday, September 08, 2023

$715,000

Shaun Blackburn Sales and Marketing Specialist
James ODonohue Sales and Marketing Specialist

1 & 2, 16 Sanctuary Drive, Cranley, Qld 4350 - More Details

$715,000

Low-set brick duplex - features include:
Unit 1:
- 2 carpeted bedrooms with built-in robes and ceiling fans
- Main bedroom complete with ensuite
- Open plan tiled living area with reverse cycle air-conditioning
- Modern kitchen with electric cooking appliances and dishwasher
- Family bathroom with a shower over bath, vanity and toilet
- Privacy fenced courtyard
- Single remote garage
- Rented at $340 per week until October - potential to increase to $370-$380 per week

Unit 2:
- 3 carpeted bedrooms with built-in robes and ceiling fans
- Main bedroom complete with ensuite
- Open plan tiled living area with reverse cycle air-conditioning
- Modern kitchen with electric cooking appliances and dishwasher
- Family bathroom with a shower over bath, vanity and toilet
- Privacy fenced courtyard
- Single remote garage
- Currently owner occupied - Rental appraised at $400-$410 per week subject to market conditions

Located nearby to local shops, schools, parks and only a stone's throw from the new Toowoomba Base Hospital Development, 16 Sanctuary Drive is an ideal investment opportunity with a strong prospective return.

Both units boast a functional and modern design, with spacious, carpeted bedrooms, built in robes and ceiling fans, additionally with each master bedroom hosting an ensuite. The open living/dining spaces flow effortlessly, with reverse cycle air-conditioning as well as a modern kitchen with electric cooking appliances and a dishwasher. Each unit has a family bathroom, with a shower over bath, vanity and toilet, as well as, for the vehicles, there is a single lock-up garage. Additionally, both units feature privacy fenced courtyards.

Externally, the property sits on a 509m² allotment with two designated 'visitor' carparks (one per unit).

Investors - unit 1 is currently rented at $340 per week until October 2023, however, has the potential to increase to $370-$380 per week subject to market conditions. Unit 2 is currently owner occupied, however, has been appraised at $400-$410 per week subject to market conditions. This has a combined potential rental yield of $770-$790 per week.

Rent both units and reap the rewards, move into one and rent the other... there are plenty of options to consider!

For your convenience Team Elevate is available 7 days a week to arrange your private viewing.

General rates: currently $1,956.45 net per half year
Water rates: currently $490.77 net per half year plus consumption

Primary school state catchment: Fairview Heights State School
High school state catchment: Wilsonton State High School

Home Built: 2013
Type
Duplex/Semi-detached
Bedrooms
5
Bathrooms
4
Parkings
2
Area
509m2

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Cranley QLD 4350

Property FAQs

How many bedrooms does the property listed 1 & 2, 16 Sanctuary Drive, Cranley, Qld 4350 feature?

1 & 2, 16 Sanctuary Drive, Cranley, Qld 4350 is a 5 bedroom Duplex/Semi-detached.

What are the standout features of the 1 & 2, 16 Sanctuary Drive, Cranley, Qld 4350?

Explore all key property features for 1 & 2, 16 Sanctuary Drive, Cranley, Qld 4350. Click here to find out more.

What is the total land area and built-up area of the 1 & 2, 16 Sanctuary Drive, Cranley, Qld 4350?

The total land area and built-up area of the 1 & 2, 16 Sanctuary Drive, Cranley, Qld 4350 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 1 & 2, 16 Sanctuary Drive, Cranley, Qld 4350?

1 & 2, 16 Sanctuary Drive, Cranley, Qld 4350 can accommodated 2 vehicles in the parking area.

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