20/20A Moffatt Street
Ipswich


$899,000

8
3
12

Great Inner City Invest Opportunity


If you're looking for a high end investment then this is a property that you should be looking at. Central located in the Ipswich area within walking distance to Ipswich hospital, University which the property is registered with Off Campus Accommodation, local shops including Coles walk to train station and much more.

The property has two dwellings the rear one consists of 9 private rooms with beds, fridge, ceiling fans, wardrobe and study desk. A two large communal kitchen upstairs and down stairs to prepare meals with wall oven, cooktop, dishwasher, abundance of overhead cupboards and storage space as well as being air conditioned. Large communal lounge room with TV air conditioning and dining area. Two bathrooms with shower over bath each with a vanity and w/c. Eight off street carparks for the tenants and solar panels that reduce the costs of the power bills. Floor covering upstairs are polished timber and tiled flooring to the downstairs areas. Outside covered are if the tenants would like some outside time.

The front property consists of three good size bedrooms with a DA to add another three more. Good size built in robes. Great size kitchen with upright dual fuel stove and plenty of bench space. Large lounge room with air conditioning and ceiling fans, separate dining area, polished timber floors. Main bathroom with shower over bath vanity unit and separate w/c.

Rental Return
The front dwelling is returning rent of $310pw approx
The rear dwelling is returning rent of $1330pw approx.
Total rent of $1640pw giving you $85,280 per year 9.48% before out goings.

Out Goings
These consist of internet, Power, Water, Advertising, Cleaning, Council rates, Insurance, pest Control, Fire Inspection.
Total $14,198 approx
All numbers are based on information provided as of June 2017

Overall if you are looking for a sound investment then you can't go past this one. Build your wealth while you sit back and enjoy life. If you would like to view the property we will need at least 48hrs notice as the property a various tenants.