101/116 Station Rd, Loganlea, QLD, 4131 - Townhouse Sold on 09 11 2016

SoldNov 9, 2016

101/116 Station Rd, Loganlea, QLD, 4131

$258,000

Townhouse

•

24 days on the market

Sold: Nov 9, 2016

What's around 101/116 Station Rd

HIGH PERFORMING CASH COW INVESTMENT

Any astute investor with an eye for great returns and minimum maintenance requirements would whip this opportunity up quick smart! With returns of approx. 7% gross, this is a no brainer. Never a shortage of tenants here, where they have the comfort of secure resort style complex living and a location that offers a large array of amenities at hand. The highset townhouse is approx. 7 years old and showcases generous living in the lower level with open plan living, modern tiled floors, air conditioning and a generous kitchen with stone bench tops and dishwasher. There is Internal access to the single lock up garage complete with remote and a wonderful paved courtyard with scope for a small garden if desired. The upper level comprises of three bedrooms, master boasting air con, ensuite and balcony. The main bathroom is spacious, complete with bath. The complex itself has a wonderful layout offering park like grounds and plenty of visitor parking. With 107 townhouses in this complex, it is well spaced to give plenty of privacy and that feeling of being on vacation, particularly when you visit the pool quarters. This pool quarters are huge and definitely has that resort feel to it. The current lease expires 10th January 2017, where the tenant is paying $355/w. and may consider staying on. Body Corporate fees are approx. $866/qu, Council Rates approx. $468/qu. Ultra-convenient location only minutes walk to Loganlea Station, Logan Hospital, TAFE, and a short drive to Griffith University Logan Campus. Another brilliant opportunity proudly marketed by BARNES CATHCART PROPERTIES. Call Craig or Maree today to register your interest here.

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Buyer's review

over 9 years ago

Verified Review

Excellent Agent

In all my years dealing with real estate agents, I have found Craig Barnes to be the most professional, efficient and courteous agent I have dealt with.

Buyer

Seller's review

over 9 years ago

Verified Review

An agent you really can trust

Craig is very knowledgeable and helpful and just a really nice, honest bloke. He handled the sale of our property whilst we were living overseas, and made the whole process smooth and easy. He kept us informed of what was happening the whole time, and provided some good advice when we needed it. I don't hesitate to recommend him as an agent.

Seller