$12,000.00 Positive Cash Flow Duplex

$399,500

This duplex has 4 bedrooms, 3 bathrooms, and 2 car spaces, and it is located on a beautiful block of land just 37km from the Brisbane CBD. It was secured for $399.5k with the help of Eddie Dilleen, and had long term tenants on a fixed lease. It was further secured for $40,000.00 below comparable sales.

The property is only 5 years old and has a rental yield up to 7.4%+. It also produces $12,000.00 annually in positive cash flow after all expenses, and a massive depreciation on average of $4,000.00 - $5,000.00 per year for a duplex of this quality.