Welcome to 34 Eleventh Avenue an innovative dual income Duplex residence comprising of a 3 bedroom 2 bathroom quality finished home to the rear with a secondary residence delivering a luxury loft apartment with each property having private secure garages seamlessly together. The unique design offers an impressive street appeal. This home could offer two rental incomes as it currently does or one supplementary income from your home when you occupy the house or apartment.
Right at home in the City Fringe the property will appeal to a wider rental market and or homeowner being just walking distance to the New Townsville Stadium, Townsville foodie precinct and the CBD making it the smart investment and lifestyle choice.
From the front you will see the two-car garages, one side for the upstairs one bedroom apartment and the other space for the house at the back. As you walk down the path, the private entrance for both properties are found. The stairs to the apartment are tucked behind the building and out of sight.
The Family Home
The rear home has a nice level of class from the moment you step inside, to the left it's spacious open plan flowing through the lounge to dining and onto the extended entertaining patio where you can have a few pre-game drinks before heading to the Stadium.
The kitchen is beautiful and overlooks the dining space featuring a large island with a full length breakfast bar, gas cooktop and double plumbed fridge space all in crisp white with pendant light accents.
The bedroom wing of the home has the master suite well-appointed and spacious with his and hers walk through robe leading into a cosy ensuite. The further two bedrooms are equally as spacious and built in. The family bathroom has a large full length shower ideal for the kids, large vanity with ample storage. The internal laundry room is on this side of the home also with direct access outside
The front apartment above the garage is a beautiful one bedroom home which is fully self-contained without losing any quality. With an open kitchen with gas cooking also, combined dining and lounge which opens out to a comfy front balcony where you can enjoy a morning cup of tea and watch the sunrise. The bedroom is generous with a large built in robe and romantically connects to the balcony through double glass sliding doors. The apartment has a well appointed bathroom and its own laundry built into a cupboard.
The home and apartment still have lots of extra qualities such as air-conditioning, gas hot water & cooktop, stainless steel appliances, earthy colour palettes, remote garage doors and security screens for peace of mind.
The Current Investment Returns
Fully tenanted the property as two premises (each is separately metered). With a current combined rental income of $630 per week ($380 house, $250 apartment ) and no body corporate fees, single dwelling council rates with gross returns of 6.9% and never experienced a vacancy.