Modern Low Maintenance Townhouse with Excellent Returns
Property ID: 14655935
Rental: $385 per week (Market Rent at $395)
Gross Yield: 6.46% on current rent
The site is easily accessible to the Motorway and less than a 8 minute drive to one of Queensland's largest Shopping centres (some 350 shops, including all the major retail brands such as Coles, Woolworths, Big W, Myer, David Jones, K Mart and Target), a large State Hospital and a Train station.
There is a Woolworths & Coles within walking distance plus an Aldi & an IGA within 3km. Zarrafa's, McDonald's (X3), Subway (X2) and Pizza Hut also have outlets nearby. It is just 8 minutes to the train station and there is a Bunnings and Masters within 5km.
The site is located within 8 minutes drive to 8 private & public schools plus several childcare centres and a trade college.
Vacancy rates are very low at .36% (A vacancy rate of 2-3% indicates a balanced market).
Over the next 20 years the number of people working in the surrounding area is projected to increase by 74%, with the largest growth sector being health and community which is projected to almost double. This should ensure there will be continued demand for this type of investment.
3 Bedrooms all with built in robes;
2 Bathrooms + powder room;
Split system air conditioning in living area and master bedroom;
Ceiling Fans throughout;
Single lock up parking + parking bay;
Courtyard at the back of the property;
Security gated complex;
Pool in the complex.
Call Yujin Yeoh on 0479 191 815 for further details.
Please note this is a off-market deal and the photos displayed are of another townhouse in the same complex.