18/7 Oricon Court

Springwood QLD 4127

115 m²

Townhouse

Currently for sale - view listing

Overview

Tenanted Investment Opportunity in the Heart of Springwood

Don't miss this fantastic opportunity! Contact us today to arrange your private inspection. Madison Cornwell 0490 783 906 Michael Wardlaw 0418 756 782 Positioned in a convenient Springwood location 18/7 Oricon Court, Springwood presents an excellent opportunity for investors seeking a well-positioned townhouse with an existing tenant and rental income already in place. Currently leased at $485 per week until 12 March 2027, with an approximate rental potential of $650 per week at the next eligible rental increase, this property offers investors an exciting opportunity to secure an established investment with strong rental potential. Set across two practical levels the townhouse provides a functional layout. Downstairs, the open-plan kitchen, living and dining area creates the central hub of the home, with air-conditioning to the main living space for year-round comfort. The living area flows through to the private courtyard which backs onto greenspace and is enclosed by approximately 6ft fencing to provide additional privacy. A separate laundry and additional toilet add everyday convenience, while the single garage provides secure vehicle accommodation. Upstairs are three bedrooms, each featuring built-in wardrobes and ceiling fans. The main bathroom offers two-way access directly into the main bedroom, while a separate toilet provides additional practicality for occupants. Property Features Three bedrooms with built-in wardrobes Ceiling fans to all bedrooms Two-way bathroom with separate toilet upstairs Open-plan kitchen, living and dining area Air-conditioning to main living area Private courtyard with approx. 6ft fencing Separate downstairs laundry and toilet Single garage Complex Features Secure gated complex in a cul-de-sac position Pool Onsite manager Investment & Body Corporate Information Current lease: 13 March 2026 12 March 2027 Current rental return: $485 per week Last rent increase: 12 May 2026 Approximate future rental potential: $650 per week Council rates: Approx. $735 per quarter Body corporate: Approx. $1,154 per quarter Sinking fund balance: Approx. $137,879 With an established tenancy already in place, significant future rental potential and a practical three-bedroom layout, 18/7 Oricon Court represents an appealing opportunity for investors looking to add a well-positioned Springwood townhouse to their portfolio. Please note: The property is currently tenanted. Images used in the advertising have been digitally edited to remove the tenant's personal belongings for privacy. **Disclaimer: All information is provided in good faith and is accurate to the best of our knowledge, but House Property Agents takes no responsibility for any error or omission. Buyers are encouraged to conduct their own inquiries and should satisfy themselves as to all aspects of the property prior to making any purchasing decision.