SoldAug 11, 2014

119 Royal Parade, Banyo, QLD, 4014

Amount undisclosed

5
3
2

Apartment

30+ days on the market

Sold: Aug 11, 2014

What's around 119 Royal Parade

Exceptional Investment Opportunity

Located in the developing suburb of Banyo this modern dual living complex offers a superb opportunity to add to your portfolio or give you that great start in the property arena. Extended & renovated to a high standard 6 years ago, this property has been divided into a three bedroom unit upstairs and a two bedroom unit downstairs, both well designed for a lifestyle sought after by tenants. Conveniently positioned on 486m2 of land this investment property is only a 500m walk to Banyo Train Station, other amenities and adjacent new Woolworths development site. Property features include: - Open plan tiled living area flowing out on to the covered balcony or private patio - Modern kitchens with plenty of cupboards - Upper unit master bedroom with walk-in robe and ensuite, all opens out onto back balcony with two further bedrooms with built-ins - Lower unit two double bedrooms with walk-in robes - Ceiling fans ,flyscreens and white blinds throughout - Modern bathroom with large shower and separate bath - Units have an abundant of storage spaces Both units are of a neutral colour tones, highly desirable to any potential tenants. The units have a single carport each and internal access to the large laundry with individual connections for each plus in unit isolation switches. Both units are separately metered for gas/electricity connections. BCC Rates: $415.00 gross per quarter excl. water & sewerage Currently returning $35,100 per annum. There is nothing for the savvy investor to do but buy and collect the rent - both units are currently fully leased.

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