28/337 Spring Street, Kearneys Spring, QLD, 4350

SoldMar 23, 2022

28/337 Spring Street, Kearneys Spring, QLD, 4350

$327,000

Unit

•

29 days on the market

Sold: Mar 23, 2022

What's around 28/337 Spring Street

Spacious Townhouse -Willows on Spring offering 5.3% gross rental return

Ideal Southside location, opposite parklands, close to Shopping Centre, Seven Springs Medical Centre, Public and Private Schools and the University. The townhouse offers loads of features, which include the following: - Gated with an onsite manager - Spacious three bedrooms with built in cupboards - Two bathrooms - Open plan dining and family area - Open living downstairs with a study alcove & TV room upstairs - these truly are suited to those who want a wonderful quality lifestyle. - Modern kitchen with gas cooktop & dishwasher - Internal paint is in excellent condition - Carpets in all living areas, staircase & bedrooms - Rev/Cycle Air in living area downstairs - Laundry in downstairs bathroom - Lock up internal garage - Lovely private courtyard - Upstairs private deck off main bedroom with elevated views A sure-fire investment opportunity. Excellent rental history with manager in complex. Current lease expires 11/12/22 & paying $335/week. Current tenant has also lived in this complex for sometime, has never missed a payment; & is happy to extend lease even further. Current rent appraisal of up to $380 per week in complex so this could be increased further in the future. Admin $652.03 per quarter, Sink $395.90 per quarter, & Insurance $154.54 per quarter = Total of $1,202.47 Land Rates - $1,117.38 per half year Water access fee - $349.94 per half year Please contact John Rizqallah or Scott Couper to arrange an onsite private inspection as no open houses are planned