Situated in the heart of Caloundra and within walking distance to everything you need, this fantastic townhouse complex is now for sale and represents an outstanding investment opportunity.

Consisting of two by three bedroom strata titled townhouses, these properties offer the unique option to welcome a dual living opportunity if required, as each townhouse has an extra kitchen and laundry on the second level, with separate access to the one bedroom apartment that represent the dual living or dual leasing opportunity.

Each townhouse has the option of leasing as a two bedroom apartment and a separate one bedroom apartment if preferred, which of course offers a much stronger return on your investment. This is currently the case with one of the townhouses (see details below).

Adding to the attraction of this property is a 5KW solar power system and a solar power hot water system; keeping all those electricity costs to an absolute minimum.

This property represents and outstanding opportunity for many types of buyers or investors:
Those looking for a retirement income for the future
A solid superannuation investment
Those who require a dual living option
Live in one townhouse and collect a generous income from the other

Current leases in place, show a $660 per week combined return on just one of the townhouses as it is leased on two separate leases as a two bedroom apartment and a one bedroom apartment. The other townhouse is vacant for inspection purposes and may achieve the same return if leased in the same manner.

With no active Body Corporate in place (entire property is owned by the vendor), the solar power availability, the alternative leasing options, the ability to obtain a solid return on your investment is unique and rare to say the least.

Opportunities like this do not come along often and when they do you need to move quickly. The vendor is committed to selling and we welcome all enquiries and queries on the property.

Outstanding investment opportunity
Multiple leasing options
Fantastic location
Solar power and heating throughout
608m2 allotment
Low maintenance