Opportunities like this don’t come by often. With an approximate 7.3% yield, low vacancy rates, and perfect location, it’s no wonder we’re all excited by this one!
First let’s talk THE LOCATION.
Situated on a flood free, 2023m2 site, this block of flats is consistently popular among tenants as its walking distance to the St Ives Shopping Centre, Kindergarten, Schools, the Goodna train station, multiple restaurants + cafes, Medical Centre, and Warren Park – Perfect for the kids!
The block is perfect positioned to access Brisbane (M7), Ipswich (M2), and straight down the M5 to the Gold Coast.
Next lets talk about THE BLOCK.
This well built block contains a total of 12 Units in the complex.
10 Units contain 2 bedrooms, 1 bathroom, and a private courtyard. 2 units are slightly larger and contain 3 bedrooms plus 1 bathroom and a private courtyard.
There is one lock up garage allocated to each unit, plus visitor parking available.
As an added bonus, there is NO BODY CORP!
All the units have been extremely well maintained – Built and owned by the same family!
Vacancy rates are no problem, however, the owner has opted to leave one unit vacant for the purpose of the sale.
With a combined rental income sitting around $3229 p/w, it’s easy to see why this property is a great investment.
If there is any information I’ve missed, and/or you would like to arrange an inspection, Please contact Scott Smolders or Maddison Hayward @ Coronis today!
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
2023m2 block
26 bedrooms in total
7.3% approx. rental yield
$3229 approx. rental income
Low vacancy rates
Low maintenance