This low maintenance, low set, fully tenanted block of three two-bedroom units will suit a range of buyer needs. Perfect buy for parents to rent back to their children; jump into the property market and buy with your siblings; live in one and rent the other two out; or add to your property portfolio or Self-Managed Super fund. Whatever your needs, income producing properties like this one are highly sought after.
Currently the property is fully rented:
Unit 1 – $410 per week until May 2025
Unit 2 – $410 per week until June 2025
Unit 3 – $395 per week until November 2024
- $1,215 per week
- Annual Return – $63,180
BCC Rates: $918.10 per quarter
The fully fenced landscaped block of units, sits on 607 square metres in a quiet residential street in Archerfield. The block is close to public transport and only 12 km from the CBD. QEII Hospital and Griffith University are only a short 5-minute drive away, with 10 minutes to Garden City shopping centre. This location meets all the criteria for prospective tenants.
All 3 are neat and tidy with updated bathrooms, air-conditioning, ceiling fans, separately metered electricity, remote control operated roller-doors. Unit 3 has a separate enclosed courtyard.
Contact Jane Elvin to discuss this outstanding opportunity further.