20 Riveredge Blv., Oonoonba

20 Riveredge Blv., Oonoonba

    Property Type: Duplex

  • 3 bedrooms
  • 3 bathrooms
  • 2 car spaces
  • Approx 188 Square metres

" INVESTOR " 2 Separate Dwellings ONE title!

INVESTORS! HERE IS A GREAT OPPORTUNITY!

BOTH UNIT & STUDIO ARE RENTED PRESENTLY - SEPARATELY, EACH HAVE PRIVATE ENTRIES.

Both properties are Currently Leased under the NRAS SCHEME TILL 2024 APPROX.
(THE NRAS LEASE COMES WITH A YEARLY BONUS - this compensates the NRAS Schemes reduced rents).
(The scheme can be ceased if the owner does not wish to continue the present arrangement with NRAS)

PHOTOS OF THIS PROPERTY HAVE BEEN TAKEN PRIOR TO THE TENANTS OCCUPANCY.

A modern solution to the City Fringe living lifestyle's,
A great arrangement and investment.
** Rent the self-contained Studio Apartment out and Rent the front Unit 2 x 2 x 1 Unit.
** (THE DWELLING did not flood 2019).

Offering two levels:
*Unit ground level- 2 x 2 x 1
*Studio apartment above the carports behind the Unit in the lane-way behind! this is unique!
(NO - Body Corporate Fees - properties on 1 Title)
RATES $5400.00 YEAR covers both properties rented.

NO BODY CORP FEES:

This City Fringe location in"THE VILLAGE" - ESTATE offers quick access to the City Heart Lifestyle, along with the convenience of access to Lavarack ARMY Base, TOWNSVILLE UNIVERSITY HOSPITAL, JAMES COOK UNIVERSITY, MATER HOSPITALS, Sun Metal Refinery, Meat-works, Bunnings Kmart Specialty Shopping Center and the Precinct Center at Idalia, all within a few minutes.

- Rent Return per week is:
STUDIO $184.00 PER WEEK
UNIT $327.40 PER WEEK
TOTAL $511.20 PER WEEK RENT
(Discuss the release from the scheme for owner occupancy preference or renting out privately away from the scheme, rent will adjust to standard rent away from the scheme or once the scheme expires.

Property Description:
UPPER LEVEL " studio apartment self-contained"
* Balcony (No access from below - sliding glass doors open from the interior of the studio to the balcony)
* Open Plan - Kitchenette/living/sleep zone * Air-conditioned * Carpeted
*Bathroom (Shower/vanity/toilet)
*Linen/Pantry Cupboard with sliding door
* Staircase entry to the upper level has a safe entry from the garage.
* Garage + Store-room + Laundry including Linen Storage + Drying line

- Presently: rent $184.00 per week.

LOWER LEVEL: 2 x 2 x 1

VILLA STYLE UNIT:
Unit presently renting for $327.20 per week
Frontage too Riveredge Blvd.
* Porch to Front Entry
* 2 Bedrooms (carpeted and with built-in wardrobes)
(Master with ensuite)
* FLEXI SPACE (LIVING ROOM or MEDIA ROOM) could be used as a 3rd bedroom or home office, this
does have storage) Carpeted
* Ensuite to Master Bedroom (shower/toilet/vanity)
* Bathroom Main has a bath/shower, vanity & toilet
* Dining/Family Kitchen - Open Plan
* Kitchen features island bench/sink cabinetry, large pantry/storage cupboard
(overhead cupboards above bench-top cabinets - oven & hotplates
* Tiles to the living and wet areas
* Carpets to Bedrooms
* Courtyard (Private and secure alfresco zone low maintenance). Peeble area.
This area offers the opportunity to create a terrific potted garden and outdoor living
area - very private
Double sliding glass doors bring the living space to the courtyard with access to the
garage & laundry outback.
* Garage x 1 (Lockable & secure positioned at the back of the property entry via the
lane-way behind the unit)
* Air-conditioned through-out
* Broadband

Speak to agent re the benefit attached to the NRAS Scheme
(The rent will resume to current rents once the NRAS scheme ceases approx. 2024).

This contemporary dual occupancy property is an investor's dream or the perfect arrangement for the extended family once the scheme expires.
SCHOOLS NEAR TO THE DISTRICT:
Primary/Secondary
Oonoonba State School Primary 1.56 km
Railway Estate State School Primary 1.60 km
St Margaret Mary's College Secondary Catholic 1.84 km
Hermit Park State School Primary 1.85 km
St Joseph's School Primary Catholic 1.91 km

Inspection times:
Arranged by Appointment - the properties are presently rented.

Contact Agent Lesley 0400516143 for further details.



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$3,078

Estimated monthly repayments based on advertised price of $325000.

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