19/743 Trouts Road Aspley, QLD 4034

Investors or Self-Managed Superannuation. This high yield duplex property consists of 2 private, air conditioned, units offering independent accommodation for the over 60's in Aspley. The duplex is a great low-cost investment opportunity, fully and consistently leased by the present owner for the last 9 years.

Each individual unit returns $510.00 per fortnight gross, and the duplex presently offers a nett return per annum of over 6%. These are freehold investments, with CPI indexed rent increases and with retirement tenants are easily managed and very low maintenance. A detailed statement showing the returns from the financial period 2018 to 2019 is available.

Set in beautiful garden surroundings, Units 37 and 38 each have 1 bed, 1 bath, a lounge and kitchenette each. Both Units are Air Conditioned. The complex provides the tenants with a common area, dining and commercial kitchen. The property itself is managed and maintained by the resident on site manager. They are well located, with the Aspley Hypermarket just down the road, and only 15kms from the centre of Brisbane.

The units are occupied with wonderful long term tenants who have consistently renewed their leases.

Unlike some other independent living options, there are no deferred management/departure/transfer or other hidden fees.

With an ageing population and increased demand for community style independent living options, this duplex is a perfect investment for your Self-Managed Super Fund, for savvy investors looking for a high rental affordable investment property with tax benefits. Subject to the existing leases you may like to buy it for a loved one, or downsize yourself and live in one unit and rent out the other.

For further details or to arrange an inspection please contact the agent today!