Toowongs Best Value Investment!
Ready to set and forget this property is currently leased at an incredible $350 per week and has provided steady rental income without vacancy for its current owner since 2007. Generating a yeild of over 5.7%, with low outgoings and positioned for sustained capital growth this versatile unit will appeal to the investor of any means.
Classic 1970's six pack design, with solid brick walls and simple layout, maintence is easy but rarely required. The property sports an updated kitchen and bathroom, new flooring and a recent paintjob.
Located in the premiere suburb Toowong, walking distance to shops and cafes, and just 4 minutes from the Toowong Village dining, shopping and entertainment precinct. With great access to public transport, the University of Queensland and CBD, this highly sought after location is forever in demand.
The owner is restructuring their portfolio, take this opportunity to improve yours. Motivated seller is inviting all offers!
Property Features:
- 2 bedrooms
- Updated bathroom
- Renovated kitchen
- Internal laundry
- Single car lock up garage
- Walking Distance to cafes and shops
- Bus stop 50m away
- Handy to Toowong Village shopping and dining precinct, University of Queensland, CBD, bikeways, local parks, bowls club, ferries and trains
- Unaffected by flood
- Council Rates: $1,232 p.a.
- Body Corporate Fees: $2,102.65 p.a.
- Units in complex: 6
- Year Built: c.1970's
Features Close to Transport
Furnished
Storage
Lot/Plan No: 1/BUP2358
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