The Best Buy Around Town and Great Investment 5.8% Rental Yield
Welcome to Cypress Garden in Waterford West. A brilliant location that is within walking distance to Coles Shopping Centre. Local bus stops right outside the complex, walking distance to primary school, walk to popular 'Tygum Park'. Located 5 minutes to Loganlea railway station, and Logan Hospital.
This townhouse offers a great opportunity to an astute buyer with a great location-based investment with potential for great yield or for any buyer trying to secure a property in this spacious two-bedroom townhouse complex.
This timeless brick-and-tile townhouse is a testament to versatility; whether you're looking to invest or owner-occupy, the features of this property and the immaculately maintained complex in which it is situated are sure to delight. With ample visitor parking, open space and a luxurious pool, Cypress Gardens is designed for lifestyle.
81/25 Allora offers a rare corner unit with open plan living and dining which extends onto the large kitchen which has lots of cupboard and bench space. The large living area opens onto a spacious courtyard. There is a good size bathroom with a separate shower and a toilet upstairs and downstairs.
There are 2 large bedrooms with built in wardrobes and the main being the size of 2 bedrooms (potential to make it a 3-bedroom Townhouse STCA).
Property Needs minor DIY work for full potential and to increase your rental return.
Features Include:
2 Bedrooms
Two storey Corner Town House
Main bathroom
Powder room downstairs
Open Plan Living
Large Kitchen
Separate Laundry Room
Lock up garage
Private Courtyard
Pool
Currently rented for $270 per week (Periodic Lease) Current tenanted happy to stay on for 3 years and can pay $290-$300 in current state.
Bodycorporate Fee: $670 Per Quarter
Council and Utility rates: $800 Per Quarter (Tenant pays for water portion)
You can't ask for a better location. Move fast to secure this cash flow positive investment.
***** Viewing of this property is exclusively available through inspection by appointment. Please note. Inspections are available anytime with 24-hour notice, including evenings and weekends. *****
