Blackett duplex sells at auction at around potential 6 percent yield

Blackett duplex sells at auction at around potential 6 percent yield
Blackett duplex sells at auction at around potential 6 percent yield

A newly constructed duplex in Blackett, that features two almost-mirror-image dwellings attached to each other, has sold for $850,000 at recent auction.

Designated as 2 & 2a on Manifold Road, the property features four bedrooms in each residence (eight total), three bathrooms in each residence (six total), and two single-car garages. 

The total land parcel comprises of roughly 484 square metres. 

The listing asserted a potential rental yield of up to 6% - substantially higher than the Sydney average.

Construction on the homes was completed last year.

The property was listed in December of 2018 at $1.03 million for both residences, or $525,000 individually, however failed to sell.

Blackett's median house price is $450,000.

Jack Nahas and Gokhan Deler, from Laing+Simmons Mount Druitt, listed the property.

 

Tags: 
Residential Property Blackett

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