APPROX 6% RENTAL YIELD
42/11 Ascog Terrace, Toowong
Centrally located right in the heart of Toowong within a stones throw to public transport, local schools and Toowong Village, 42/11 Ascog Terrace is real estate gold. With low body corp rates and an excellent rental return of more than $18,000 per year, this would be a dream for your accountant!
'Toowong Villas' is an investment gold mine with a secure tenant in place who is keen to extend their lease. Currently set up as a solid performer in a rental pool, this would be one to set aside as part of your super fund or a property to pass on to your children.
The internal layout features fully furnished two bedrooms, one bathroom and a balcony overlooking the on-site pool. There is also one under cover car space allocated to this property. Onsite facilities include a tropical lagoon style pool with playgrounds for the kids as well as covered BBQ areas and meeting rooms for private functions.
Sitting literally around the corner from Toowong Village, this is also a short walk to Brisbane Boys College (BBC), Toowong State School; with the University of Queensland just a bus ride away. Ferry, bus and rail lines also get you to the city in ten minutes. Toowong Central is also booming now with plenty of bustling cafes and specialty grocers.
With a 6% plus rental yield, this will fly out the door!
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Lot/Plan No: 42/BUP11493