This is the investment property buyers dream of, two incomes on one title. Long term separate tenancies in place. It’s uniquely located within a pensioner village in a quiet street with an onsite resident manager and communal areas. Small complex of 32 furnished units set in landscaped gardens. And only short walk to the train station and local shops. Set and forget and let your retirement fund grow.
+ On-site undercover parking
+ Both units are lowset
+ Ceiling fans in bedrooms
+ Combined lounge dining areas
+ Includes appliances
+ Blinds and curtains throughout
+ Tiled kitchen area
+ All bedrooms carpeted
+ Reverse cycle air conditioning in one
+ Security screens
+ Resident manager
+ Quick access to bus stop
+ Parklands and Sporting Clubs
There are 2 units on one title, so that’s one purchase price for the 2 units, and all outgoings are a combined cost.
Body Corp fees (one bill for both units as it is one title)
Administration Fund – $7768 approx per year
Sinking Fund – $840 approx per year
Logan City Council Rates including water (one bill for both units as it is one title) – $4356 approx per year
Property size is 68 m2 and built in 2002
Income
Both units combined – $21,840 per yr ($420 per week)
Leases – all properties are leased
Short drive to Logan Hospital. 30 minute drive south of Brisbane and 30 minutes north of the Gold Coast.
With only one thing left to do…that is…beat the crowds!!!
**PLEASE NOTE**
FOR ANY SCHEDULED OPEN HOME PLEASE CONTINUE TO PRACTICE SOCIAL DISTANCING OF AT LEAST 1.5 METERS.