So what is a DUAL KEY and why are they great investments?
You get two self-contained freehold apartments, two income streams, one title. That means just one body corp fee and one council rates demand, but double the rental potential.
The numbers:
• Currently generating $550pw, with the second unit advertised at $495pw
• Combined potential: $1045pw / $54,340pa
• Body Corp (incl. insurance): $6741pa
• Includes furniture packages, all appliances & heat pumps
GREAT CASHFLOW - could be cash positive
GREAT HOME AND INCOME OPTION - live in one and rent the other, or rent both
Each apartment is fully self-contained with its own kitchen, bathroom and laundry. Set right next to St Patricks Square, it's just minutes' walk to the Viaduct, Wynyard Quarter and Britomart transport centre, with the bonus of big views. Residents also enjoy a swimming pool and gym, in a development built by well-established Conrad Properties approx. 9 years ago.
If you're after a low maintenance, easy to manage income stream in a
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Steve fought our corner in a challenging market and managed to deliver three great offers for our apartment. His seasoned experience really shone through at all the phases of sale. Recommended.