All Topics / General Property / Dual key serviced holiday apartements

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  • Profile photo of ptkingptking
    Member
    @ptking
    Join Date: 2003
    Post Count: 7
    October 18, 2003 - 1:03 pm

    Could anyone tell me if a dual key apartement is able to attract higher rents therefore offering greater net returns for the potential investor.
    Any imput would be appreciated
    Thanks Peter[8D]

    Profile photo of annaw2annaw2
    Participant
    @annaw2
    Join Date: 2003
    Post Count: 178
    October 19, 2003 - 11:32 pm

    Peter, just looking at April/May API while tidying up my magazine shelf, back cover, an ad by Cameron Bird re Cairns properties, namely Souhern Cross Atrium Apartments. They say “one 2BR apartment but can also be used as two 1BR self contained apartments boosting income streams”. I’ve noticed similiar comments a few times. When you think about it, maybe a dual keyed apartment might rent for $500 a week, but say $350 a week each used as 2x1BRs.
    Anna

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