1 and 2/5 Allambie Court, Buddina QLD 4575

Located in the heart of Buddina is this rare low-set duplex pair, and it's certainly one not to miss! Situated on a 645m2 block that's just minutes to Kawana Shopping Centre and all its restaurants, the beautiful beaches of Buddina, Point Cartwright, La Balsa Park, and local schools; the location of this pair is everything!

With just a single title but separately metered for water and electricity, the duplex pair is comprised of a 2-bedroom, 1-bathroom unit at the front and a 3-bedroom + large study, 2-bathroom unit at the rear, with each unit featuring a single carport space.

Tightly held by the current owner since construction in the 80s, the pair currently returns $1,020 per week, which is $53,040 gross per year, and also has future development potential (Subject To Council Approval).

Unit 1 features a tiled, open-plan living and kitchen at the front of the unit, with both bedrooms and the bathroom at the rear. There is a separate laundry with external access and is currently tenanted at $480 per week.

Unit 2 features three carpeted bedrooms, 2 bathrooms, plus a large study which can easily be an optional fourth bedroom, nursery or even second living space. The master is cleverly separated from the other rooms and has its own functional ensuite as well as direct access to the rear yard. At the center of the home is the large open plan kitchen, living, and dining area while the main bathroom and laundry is along the hall.

Fully fenced, the back yard wraps around both properties with options to separate and create more individual spaces in the future.

This rare opportunity has an array of options for the new purchaser: Look to keep it as an investment with a great rental return and also capital growth, live in one unit and rent the other, or explore the future development opportunities it has.

* Centrally Located Duplex Pair With Single Title
* 645m2 Block In The Heart Of Buddina
* 1 x 2 Bedroom, 1 Bathroom & 1 x 3 Bedroom + Study, 2 Bathroom Units
* Currently Rentals Achieving $1,020 Per Week Or $53,040 Per Year.
* Tightly Held By The One Owner Since Construction
* Minutes To The Beach, Point Cartwright, La Balsa Parkland & Kawana Shopping Centre
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