SoldJan 5, 2022

4/164 Spence St, Bungalow, QLD, 4870

$320,000

3
2
1
110 m²
107 m²

Apartment

30+ days on the market

Sold: Jan 5, 2022

What's around 4/164 Spence St

Modern Ground Floor Apartment close to Town and ready for you to move in!

Welcome to unit 4 at 164-172 Spence Street. Enjoy the secure resort-style living at its best! This is a fantastic opportunity to purchase one of a handful ground floor apartment with a private low mainanace yard in the popular 'Focus On Spence' complex.. This spacious apartment, currently vacant, and ready to occupy is ideal for owner-occupiers and investors seeking a secure income. Features include: - Short walk to the CBD from this modern residence - Fully tiled living areas with high ceilings - Generous fully enclosed entertaining area - Bi-fold shutters throughout create a sensational outdoor environment - Modern kitchen with stainless steel appliances - 3 generous bedrooms, master with ensuite - Guest bedroom with private access to courtyard, separate from the master - Plenty of windows allowing natural light to flow through the apartment - Day bed with extra storage underneath - Single security car park with visitor parking - Sparkling pool area with undercover BBQ area - Landscaped gardens throughout complex - Onsite management available - Well appointed bathrooms and internal laundry For investors: Price: $345,000 Rental Appraised: $475 - $510 per week Rates: $2,700 approximately per year Body Corporate approximately : $5,029.84 per year Potential rental Yield for a long term lease: Approximately 5% for a long term lease (Estimate only) Potential gross rental income for a long term lease: Approximately $26,520 (Estimate only) Potential to use the unit as holiday letting Call Claudio now to organise your private inspection now!

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