Dual Occupancy in the Sunshine Coast HUGE 6.3% Rental Yield
This fantastic dual occupancy property has so many options! As a full investment you will be collecting far more in rent than your mortgage payments – let tenants pay off your mortgage while your property increases in value! Or…. live in the main house and rent out the 1 bedroom unit or it could be could be the perfect place to put Grandma or the grown up kid that just won’t move out! Or the other option is if you only need a small space, live in the 1 bedroom unit and rent out the 3-bedroom home, maybe even have your mortgage covered! There is definitely a scenario for your living / investment strategy. Talk to Chris to figure out which would be the best option for you!
Nambour was once the Sunshine Coast’s thriving major business centre. It was the administrative centre for the region, and was home to its largest hospital and government offices. But once the sugar mill closed and the Government offices moved location the population growth centred more around the beach side suburbs and Nambour became a quiet hilltop suburb.
But its fortunes have been changing over the past few years and Nambour’s popularity is thriving once again. Nambour boasts one of the Coast’s highest densities of schools with 11 in the area and is on the main train line to Brisbane. The past three years has seen major developments of Coles, Aldi and Nambour Alliances implementation of creative commerce to fill empty shop fronts with a host of new businesses, restaurants, bars and cafes. Due to this explosion of new business the hinterland now has one of Queensland’s tightest vacancy rates at only 0.9% and highest yields, meaning its highly attractive for investors.
Nambour is only a 20-minute drive to where SunCentral (the new state-of-the-art city centre in Maroochydore) is being built. This massive game-changing project will create 30,000 jobs and change the face of The Sunshine Coast.
If you have been looking for a positive cash flow investment or an owner occupy / investing scenario then look no further than this Nambour dual occupancy. Drop us a line via the form below or call Chris direct on 0434 449 455.