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1-3/29a Totten Street, Kepnock, Qld 4670 Sold
1-3/29a Totten Street, Kepnock, Qld 4670 Latest Aerial map Imagery for project 1-3/29a Totten Street, Kepnock, Qld 4670

1-3/29a Totten Street, Kepnock, Qld 4670

Bedrooms
4
Bathrooms
3
Parkings
3
Area
647m2
Type
Block Of Units

Last updated on Wednesday, September 13, 2023

$596,000

1-3/29a Totten Street, Kepnock, Qld 4670 - More Details

$596,000

HIGH YIELDING KEPNOCK TRIPLEX

Introducing a lucrative investment opportunity in the thriving neighbourhood of Kepnock! This remarkable triplex, boasting two stylishly appointed 1 bedroom units and one spacious 2 bedroom unit, promises an impressive return of $940 per week with further rental growth. Prepare to witness your financial dreams come to life as you seize the chance to own this remarkable income-generating property.

The thoughtfully designed floor plans maximize space, ensuring comfortable living for tenants. The 1 bedroom units offer cozy retreats, while the generous 2 bedroom unit with two separate living areas provides ample room for a smaller family. Unit 2 has been renovated to a quality standard, unit 3 has had some improvements in recent years.

The prime location of Kepnock adds to the allure of this investment gem. Situated in a sought-after area, residents will enjoy close proximity to local amenities, schools, shopping centres and transport at the door, ensuring high tenant demand for years to come.

As an astute investor, you'll appreciate the immediate income stream this triplex offers, with a substantial $940 per week return. With its unbeatable combination of location, quality, and rental potential, this triplex represents a golden opportunity to secure your financial future.

From the Weekes Perspective:-
- Strata titled arrangement, purchase purely as investment or reside in one and collect income on the others
- Unit 1 paying $280 lease expiring March 2024, unit 2 paying $310 lease expiring January 2024, unit 3 paying $350 lease expiring October 2023 (all tenants exceptionally happy)
- Unit 1 exceptionally tidy, unit 2 refurbished in recent years, unit 3 had some improvements over time
- Kepnock has experienced exceptional growth over the past few years, rental yield in this suburb exceeding the majority of other surrounding suburbs in the region
- Council rates $1556 (approx) per unit per half year
- Minimal body corporate levy with a healthy sinking fund
Type
Block Of Units
Bedrooms
4
Bathrooms
3
Parkings
3
Area
647m2

Historical, Aerial view of properties in a suburb: Kepnock QLD 4670

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1-3/29a Totten Street Kepnock QLD 4670

Property FAQs

How many bedrooms does the property listed 1-3/29a Totten Street, Kepnock, Qld 4670 feature?

1-3/29a Totten Street, Kepnock, Qld 4670 is a 4 bedroom Block Of Units.

What are the standout features of the 1-3/29a Totten Street, Kepnock, Qld 4670?

Explore all key property features for 1-3/29a Totten Street, Kepnock, Qld 4670. Click here to find out more.

What is the total land area and built-up area of the 1-3/29a Totten Street, Kepnock, Qld 4670?

The total land area and built-up area of the 1-3/29a Totten Street, Kepnock, Qld 4670 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 1-3/29a Totten Street, Kepnock, Qld 4670?

1-3/29a Totten Street, Kepnock, Qld 4670 can accommodated 3 vehicles in the parking area.

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    All data and information contained in these FAQs is provided by Real Search as a courtesy only. Real Search does not make any representations or warranties regarding the accuracy and/or completeness of this data and information. Users should check directly with the agent to verify this data and/or information.

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