In the late 70s and through the 80s this builder would build himself a three level townhouse residence and behind it would build a set of four units which would be sold off to fund his next project. This is your opportunity to buy one of the builder's residences which occupies the front three levels of the complex. You have your own secure entry into a foyer or internal access through your garage both features unique to this property. Make no mistake, these properties rarely come up for sale and are very comfortable.
Up a set of stairs there is a very generous living area with a north facing balcony and a well appointed kitchen. The third bedroom with powder room completes this floor but would also make an excellent office and guest toilet should you only need use of two bedrooms.
The top floor will really surprise, especially those of you used to common bedroom sizes in the area. Both top-floor bedrooms are enormous! The master is fantastic complete with ensuite but find me another apartment with a second bedroom like this! If you're looking for a home that effectively has two master bedrooms then come and inspect this weekend!
For those who enjoy the odd barbeque, you also have use of a fantastic courtyard right off your garage. Great for these warmer days!
Renting extremely well at the moment it will make a sensible addition to any portfolio otherwise if you're an owner occupier, why not take advantage of the home transfer duty concession and pay the loan down while you see the current lease out!
Features
* Lock-up garage plus plenty of storage
* Bright & cool with a northerly aspect
* Double brick construction for low maintenance ownership
* Huge living area
* Well appointed updated kitchen
* Enormous bedrooms upstairs complete with fans
* Plenty of storage in the garage with space for a workshop
* Access to complex courtyard through the garage
* Fantastic returns
* Low holding fees
* Ironside State School catchment area
* Not flooded affected
Close to: University of Queensland, Toowong Village, Indooroopilly Shopping Centre, Ironside State School, Guyatt Park CityCat terminal, St Lucia Golf Links, restaurants & convenience store at the end of the street too. 412 BCC bus only two minute walk away.
Brisbane City Council rates: $359.60
Body Corporate fees: $437 per quarter
Sinking fund balance: $19,223.97 as at 29th January 2015
Pets? Yes, subject to Body Corporate Approval
Construction date: Early to mid 1980s
Lots in complex: 5
Current lease: $540/week until November 2015