Positive Cashflow Modern Townhouse
Property ID: 14458595
Purchase Price $450,000
Rent $475 a week
Gross Yield 5.49 %
* 3.5 km to the CBD
* 4.5 km to the Beach
* 9 Supermarkets (including Coles, Woolworths and Aldi) and 7 Shopping Centres of various sizes within a 10 minutes drive
* 7 childcare centres and 9 schools, including Private, Public, High and Primary, within a 10 minutes drive. There is also 2 TAFE Colleges and a University within 5km.
* Three large industrial estates with a variety of business types and 2 mixed business precincts are all within a 10 minute drive.
* A large Public Hospital and 2 Private Hospitals are located within 5km which provide thousands of jobs in the health industry.
* Other facilities and large businesses nearby include - Bunnings, Masters, Australia Post, all of the major Banks, Doctors, Pharmacies, Art Centre and Harvey Norman. The CBD is just 10 minutes away.
* Vacancy rates are currently at 1.41% (A vacancy rate of between 2% - 3% indicates a balanced market).
Seven (7) year old townhouse
Block of 16 townhouses
3 bedrooms all with built in robes
Master Bedroom with En suite
Internal access double garage