Investing in residential property is not rocket science! Here is the perfect example of value and exceptional yield of 8.3%, returning $310 per week in rent.
This 3 bedroom lowset brick and tile unit is set in the gated and secure Northridge Villas complex, which is a very well established and beautifully maintained residential community comprising of 60 Villas. The jewel in the crown of this complex is a sparking in-ground pool set amongst landscaped gardens which are all maintained to a high standard.
With a spacious lounge room with raked ceilings and an additional living space adjoining, provides flexibility for any tenant, and the new addition of a large reverse cycle air-conditioner to the living area assures the residence are comfortable all year round.
The kitchen provides ample cupboard space, is a very practical design, offering access to the rear fully fenced turfed yard.
With 3 bedrooms, two of which are complete with built-in robes, and a central family bathroom, this unit offers a good level of comfort and has always had exceptionally low vacancy.
Lowset villas are sought after and seldom come on the market!
Do the Maths, and you will also agree, that this Villa is a sound investment in anyones books.
The current tenant is paying $310 per week in rent.
Associated Fees
Body corporate of $552.79 per quarter
Property Rates of $711.00 (excluding water) per quarter

FEATURES LIST:

3 Bedrooms two with built-in robes
Brick & tile unit
New carpet, less than 12 months ago
Large fully fenced backyard
New hot water system
Near new reverse cycle air-conditioning unit
Two separate living areas
Raked ceiling to main lounge
Storage cupboard in living area
Two way bathroom
Corner bath under shower
Master bedroom with sliding door to rear yard
End Villa which is sharing only 1 common wall
Naturally shaded courtyard to the front
Single car carport
Set to the rear of the complex
Two gated entry points North Road and Willow Street
Well maintained complex comprising of 60 Villas
Sparking in-ground pool
Quite complex which is very well laid out

DISCLAIMER:
Please note: Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours of an advertised open home. Therefore confirmation of all open home times with the listing agent is advised.