Unit in a Small Complex Situated in a Growth Location
Property ID: 17359895
Price - $290,000
Rent - $300 a week ($320 - $330)
Gross yield - 5.9%
Located in a highly sought after location in a region currently moving into the growth part of the cycle. With vacancy rates of just 0.56%, this unit is situated in a suburb that is set to provide both long term strong rental returns and capital growth.
This unit also represents an opportunity to manufacture equity through a strategic cosmetic renovation.
THE LOCATION (South East Queensland)
Walking distance to restaurants, bars, parks, cinemas, banks and pharmacies.
Walking distance to one of the state's biggest shopping centres with over 200 stores, parking for 3,000 cars and bus and Light Rail interchange with brands like Myer, Kmart, Target, Coles.
Shopping centre currently undergoing $670 Million development which added 120 stores including a David Jones and Big W.
Light Rail with services to the CBD, Hospital and University.
10 km to the CBD.
Primary and High School within 1.5 km .
3 km to another University.
5 km to another Hospital.
5 Minutes to the beach.
1 Bathroom with laundry.
Separate bathroom and toilet.
Single lock up garage.
Security screens on all windows and doors.
Small complex of 7 units.
Low body corporate of $43 /week.
Healthy sinking fund balance.
Call Yujin Yeoh on 0479 191 815 to secure this property now!