Perfectly located to take advantage of public transport to Griffith University, Brisbane City and Southbank, sits this tidy high yielding townhouse.
Set up specifically to cater for students, each of the 3 bedrooms has an ensuite, reverse cycle air conditioning and internet access. The 3 bedrooms bring in approximately $540 per week. The ground floor has a fully self-contained one bedroom unit with courtyard that is leased to the body corporate for the onsite manager's accommodation. This brings in a further $11,640 income per year. Based on these numbers, the property would make a fantastic investment in this secure complex and take advantage of the great location and return on investment. The property is also ideal for a self-managed super fund looking for a high yielding investment.
Features include
Private rear patio Fully furnished bedrooms 3 bedrooms, 3 bathrooms upstairs Fully self-contained 1 bedroom unit downstairs Short walk to both shops and bus On-site caretaker
Because the property has been rented for a while, the property has some scope to add a little more to its rental yield and make it more homely. A coat of paint and some new carpets would do the trick. Other properties in the complex are renting for $700 per week. The complex has an on-site caretaker.
Call Tracy Kennedy on 0421 483 360 or Nathan Morris on 0409 320 638 to arrange an inspection before it is too late .
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