This fully tenanted and renovated block of 3 units is offered for sale to the astute investor looking for strong rental return and growth potential. With a total annual rental income of $48,100 and no body corporate you will be fully in control of your investment, and with the recent renovations your outgoings will be minimal.
The extensive list of features for each unit include a brand-new kitchen with new stainless-steel appliances, new bathroom, built-in wardrobe/s, air-conditioning, high gloss hardwood timber floors and loads more. Each unit has its own separate lockup garage downstairs with laundry and additional storage space.
Located in a premium pocket of Mount Gravatt East the units are walking distance to public transport and close to cafes, shops, eateries, kindergarten/childcare services and schools, as well as easy access to walking/cycling trails and major arterials.
An 8-minute drive to Westfield Garden City and a 10-minute drive to Griffith University Mount Gravatt campus.
All units feature the following:
- Built-in wardrobes to all bedrooms
- New kitchen with stone benchtops
- New appliances
- New bathroom
- Polished hardwood timber floors
- Split-system air-conditioning
- Individual lock up garage and storage area
- Separate water and electricity meters
Current rent:
- Unit 1 (rear) - 1 Bedroom $300 per week
- Unit 2 (middle) - 1 Bedroom $290 per week
- Unit 3 (front) - 2 Bedroom $335 per week
Investment Summary:
- Total Weekly Rental Income $925
- Total Annual Rental Income $48,100
- BCC Rates $1,158 per quarter
- No Body Corporate hassles or fees!
- Currently managed by Ray White Tingalpa
Contact Scott today 0413684268 !
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