RARE DUPLEX INVESTMENT - 7% RETURN | SEPARATE TITLES | SELLING TOGETHER ONLY

16A & 16B Diosma Street, Rangeway
Offers Above $470,000

An unmissable opportunity to secure two duplex properties on separate titles, offered together as one investment package.

These solid brick and tile homes share a central wall and are positioned on generous adjoining blocks, each with its own street frontage, driveway, and utility connections – making them ideal for investors seeking dual income with minimal hassle.

Both homes are currently tenanted on periodic leases at $320 per week each, providing a combined rental income of $640 per week, which equates to a gross rental yield of approx. 7% at the list price. Rent review due in October.

Each property includes:
• 3 bedrooms, 1 bathroom
• Open-plan kitchen and living areas
• Tiled flooring to high-traffic areas
• Spacious, fenced backyards
• Off-street parking
• Low-maintenance layouts with potential to modernise further

Set in a convenient location close to schools, shopping centers, transport routes, and parkland, these properties offer strong rental appeal and great long-term value.

Outgoings (combined, both properties):
• Council Rates: approx. $850 per quarter
• Water Rates: approx. $144.84 per quarter
• Total Combined Outgoings: approx. $994.84 per quarter

With the sellers motivated and priced for a quick sale, this is a rare chance to secure a ready-made income-producing asset.

For further information or to register your interest, contact Will McKenzie on 0419 919 590.

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.

Property ID: 1370342