Land now completed, valuations possible. Best duplex you will find in the market today!

We have some amazing dual-key opportunities in a new family friendly area of Hervey Bay, QLD.

On offer are the final two lots in this high-end estate offering large 800sqm land parcels!

We have two options available per block:
6 bed dual-key (4 + 2) – ~$838k
8 bedroom duplex – ~$954k

Purchase subject to finance as the land is now 99% complete. Titles expected in late Jan 2024.

Fixed price and full turn-key packages. Nothing more to spend at completion.

Hervey Bay, a coastal city in southern Queensland is the state’s 10th most populated city projected to welcome 19,643 new residents by 2041.

“Azure Estate” in Eli Waters is already well into construction with completion 99% there and titles expected in Jan 2024.

It’s close to schools, shops, transport, parks and literally across the road from a new proposed ALDI. So, it will draw good tenant attraction.

Option 1 – Dual Key
Lot 135 – $838,415
Land $260,000
Build $587,415
4 bedroom, 2 bathroom, 1 LUG + 2 bedroom, 1 bathroom, 1 LUG
801sqm of land
245sqm total build

• Rents appraised up to $1,050 per week (both sides combined)
• Very clean design with no wasted space. Good value compared to the small and pokey 3b + 1b designs we are seeing come into the market around SEQ.
• Upgrades are possible but not much is needed as the quality is good to begin with: 2.55m ceilings heights, AC, stone bench tops, shower niches, mirrored robes, wall hung vanities etc

Option 2 – Duplex
Lot 135 – $954,500
Land $260,000
Build $594,500
2 x 4 bedroom + media, 2 bathroom, 1 LUG + additional car space out front
801sqm of land
302sqm total build

• Rents appraised up to $1,100 per week or more (both sides combined)
• DA etc taken care of in the build, strata titled dwellings
• Upgrades are possible but not much is needed as the quality is good to begin with: 2.55m ceilings heights, AC, stone bench tops, shower niches, mirrored robes, wall hung vanities etc
• Some comp sales below that easily paint the picture of the individual sides being worth $525-$550k at completion. $100,000 instant equity or more at completion!
  https://www.realestate.com.au/sold/property-house-qld-eli+waters-142795696
  https://www.realestate.com.au/sold/property-duplex+semi-detached-qld-eli+waters-142757616
  https://www.realestate.com.au/sold/property-duplex+semi-detached-qld-eli+waters-143598036
  https://www.realestate.com.au/sold/property-house-qld-eli+waters-141940996
  

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