Seeking offers over $98,000 per unit

Choice of 5 lowset studio units in the Palm Springs Over 55′s Retirement Village – 15 Carmichael Court, Wynnum West Qld

Offers to be submit by way of a signed expression of interest by close of business Wednesday 16th March 2022 where upon all offers will be presented to the seller for their decision. As there is already keen interest in the units it is recommended to submit your best offer to avoid disappointment.

All units are of a similar layout (studio/bed sitter design), similar square meterage and similar overall condition with general wear and tear.

Perfectly located nearby to all services including shops, medical centre, schools and bus. An ideal place to call home or a fantastic investment opportunity with a very healthy return on investment.

Available Units;
Unit 17 – Currently Vacant
Unit 46 – Currently Vacant
Unit 47 – Rented on periodical lease at $360.00 per fortnight ($9,360 per annum)
Unit 72 – Rented on periodical lease at $380.00 per fortnight ($9,880 per annum)
Unit 74 – Rented on periodical lease at $400.00 per fortnight ($10,400 per annum)

There will be an open day Saturday 12th March 2022 from 12 noon to 1.00pm where you will have an opportunity to view the vacant units 17 and 46. For inspections of the tenanted properties we will require a minimum on 24 hours notice to arrange.

Body Corporate Contributions equates to approx. $64.78 per week and is split between;

Administration Fund Contribution – $664.40 per quarter ($2,657.60 per annum)
Sinking Fund Contribution – $177.80 per quarter ($711.20 per annum)

The below charges are in addition to the Body Corporate contributions;

General Services Charge Contribution - $70.53 per annum
Maintenance Reserve Fund Contribution - $20.23 per annum

A full information pack is available on request – To submit a formal expression of interest offer please contact the listing agent.