5 Year Old Dual Income Property Returning 6.36%

Property ID: 18678585

Purchase Price $470K
Rent $315 + $260 = $575 per week
Yield 6.36%
Built 2012

Situated in SE Queensland and just a 10 minute drive to Westfield Shopping Centre that has more than 200 stores including Myer, Coles, Woolworths, Big W, Target, and Cinemas with Ikea and Costco nearby.

There is also a large industrial estate nearby that has mostly been sold and developed. It is expected this area will employ 12,000 people once completed.

There is a bus stop just 250m from the property that will connect your tenants to a new University currently under construction. The university, due for completion in 2020, is projected to have 10,000 students.

Alternatively, they can drive 7 minutes to the train station, which is just 1 stop from the new University.

Other facilities within a few minutes drive include, Supermarkets, Schools, Childcare, Chemist, Medical facilities, Restaurants, Cafe's, Bunnings, Banks and Parks.


UNIT 1

3 Bedrooms all with built in robes and ceiling fans
2 Bathrooms, including en suite to main bedroom
Open plan, air conditioned living/dining area
Kitchen with modern appliances, including dishwasher
Alfresco area under main roofline
Separate laundry
Single Lock up, remote control garage
Security screens throughout
Currently rented at $315 per week

UNIT 2

2 Bedrooms with built in robes and ceiling fans
1 modern Bathroom
Open Plan, Air conditioned Living Dining Area
Kitchen with modern appliances, including dishwasher
Alfresco Area under main roofline
Separate laundry
Single lock up, remote control garage
Security screens throughout
Has an application in place to be rented at $260 per week

For further details call Matthew Barnes 0430979 900.