This easy, low maintenance, detached, single level villa makes a fantastic investment or a rare opportunity to live in. The well manicured, spacious complex is in the perfect location for access to the city, north or south on the Gateway Motorway or within the beautiful Bayside itself. Melaleuca Chase is a highly sought after residential complex of 57 townhouses and villas, with more than 6 years at zero vacancy. This low set villa is well kept and maintained with very good, stable, long term tenants who want to remain.

Body corp. fees approx. $83 p/w
Council rates and water approx. $58 p/w
Rent $410/wk to 8 January 2018. Extremely long term tenants, keen to remain
Gross Yield 5.14% *
The current rent is below market as the tenants have been rewarded for their longevity, with market rent being around $440-450/wk.

- Attentive onsite Manager with a strong Real Estate background and a vested interest in the success of the complex. They can perform many maintenance tasks inside the property, reducing ongoing expenses.
- Strong and supportive Body Corporate with appropriate Sinking Fund
- Air conditioning / Heating in Lounge Room and Master Bedroom
- Three large bedrooms, all with built in robes and ceiling fans
- 2 bathrooms – Large Ensuite and Main Bathroom (separate bath and shower) which has dual access into Bedroom 2
- Lovely covered courtyard with grass
- Secure, gated complex
- Quiet complex with a very friendly, diverse group of residents
- In-ground Pool and common room in the complex
- Water costs evenly distributed between all owners
- Brisbane CBD only 15km away with various public transport options and road networks
- Walk to Wynnum Plaza & buses
- Opposite Brisbane Bayside State College, and a short drive away from many other schools such as Wondall Heights, Wynnum, Wynnum West, Tingalpa and Manly West.
- Opposite the steam train village, remote control car track, BMX track and large parkland with playground and BBQ area

Enquire today for your private viewing, or attend an upcoming open home.

* Please note all gross yields and return details are approximate and are based on the asking price only (not the sale price), the gross return also does not include any tax credits or deductions the purchaser may be entitled to, and is based on information provided by a number of sources. This information is provided as a guide only and is based on figures provided to the sales agent and whilst this has been prepared in good faith and with due care, no liability for negligence is otherwise assumed by the sales agent, its principals, agents or servants. Please conduct your own investigations into the subject property to satisfy yourself with the matters concerning the property.

(3888295)