16/5-7 Uniplaza Court, Kearneys Spring, QLD, 4350

SoldJun 15, 2023

16/5-7 Uniplaza Court, Kearneys Spring, QLD, 4350

$224,000

Unit

•

29 days on the market

Sold: Jun 15, 2023

What's around 16/5-7 Uniplaza Court

'CASH COW' - Two Bed-Two Bath Apartment, 7.6% Return, Close to USQ!

This excellent upstairs unit in a well-managed complex is available now to invest! Currently tenanted, the complex of 16 was purpose built to suit mature age students attending USQ and contractors in town for job placements. In close proximity to USQ, shops and transport they are always in high rental demand. This functional unit has a central living and dining area with well-appointed kitchen & two queen size bedrooms each with an ensuite. Perfect for shared living as a rental! Featuring: - Stairwell servicing four upstairs units - Front door, tiled entry area and hall - Tiled kitchen to carpeted living area - Kitchen with ceramic cook top and breakfast bar - Living area with NEW reverse cycle air-conditioner, ceiling fan and good built-in storage/linen cupboard - Two en-suited bedrooms each with ceiling fan, built-in study desk and built-in robe - Recently updated paint and blinds throughout - NEW front loader washing machine under breakfast bar - Open communal parking area within the complex Currently tenanted. Lease renewed for 12 months from 15/6/2023 at $330/wk - a 7.6% return! General Rates - $1061 net per half year Water Access Charge - $314.59 net per half year plus usage Body Corporate - $735 net per quarter after discount for combined admin, insurance and sinking fund WhatsApp video walk-through available on request Located near USQ and next to the Uni Plaza shopping centre, this 'set and forget' investment shows a good return for the low outlay and would be hard to beat for simple, effective investing! "JUST" call to discuss your interest.