New Duplex - Invest Now - High Growth Location

1 & 2/ 17 Kalbarri Crescent Peregian Springs

3 bed | 2 bath | 2 car
Sydney investor is selling their current portfolio of properties. Ridges in Peregian Springs is a vibrant and thriving community that has so much to offer. Situated in the heart of the Sunshine Coasts booming economy with employment on the rise and an International Airport under construction, this is certainly Queensland's leading residential estate.
With the infrastructure growth of Brisbane, The Sunshine Coast upon us, and the employment opportunities on the rise, investment has certainly never looked as good as this.

Peregian Springs is surrounded by arguably one of the best golf courses and clubs in Queensland. Ridges also comprises of luxury resort style facilities which are within walking distance of this prime investment, including Gymnasium, Yoga Classes, Tennis Courts, Cafe's, Sporting Grounds, Olympic pool and Rec Area.

Peregian Springs growth rate outstripped the entire state at 217% moving from 8th position to Number 1 in Queensland in recent months.
Everything is literally at your fingertips, Noosa is only 20 minutes away, Coolum Beach just 6 minutes away, Peregian Beach too, is just 8 minutes from this great location. Some of the best beaches in the world are merely a short bike or car ride away.

Only 2 years old, with the balance of new builders warranty and new tenants moving in, we offer to the market both Unit 1 & 2. A combined income return of over $880 dollars per week. This opportunity should not be missed.

* Executive style 3 bedrooms, 2 bathrooms, 2 car garage apartments.
* Unit 1 167m2 & Unit 2 173m2 in size on a 601m2 dual corner lot.
* Private park directly behind with swings seats and big shady trees.
* Stone benches and quality appliances throughout the kitchens.
* All bathrooms also boast quality tapware and stone benchtops.
* Air-conditioned living and dining rooms, access to private alfresco areas.
* Bedrooms a great sizes, quietly situated and serviced by ensuites to mains.
* Separate street entrances to individual apartments, local traffic location.

Property Facts:

* Total Build 340m2
* Total Land 601m2
* Unit 1 Leased $450 per week until 28th April 2020
* Unit 2 Leased $440 per week until 11th June 2020
* Body Corp Fees $1,534 per unit
* Council Rate $1,738 per unit
* Unit 1 - $455,000
* Unit 2 - $455,000

Duplex Investment Figures:

* Combined return $46,280 per year.
* Combined nett return $39,736!
* 5.14% Yield netting 4.5%

High capital growth region
* 10-15% in 2017
* 17% in 2018
* Increases of 2.9% so far in 2019.

Contact Kerry Sullivan on 0438 168 908
Land Area
- 601 sqm (approx)
Building Size
- 340 sqm (approx)
$455,000 each
Proudly Richardson&Wrench

Contact the agent

Kerry Sullivan

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