Currently long-term tenants in place, this prized townhouse is returning a solid $380 p/w rental income and has been kept in great condition. With a well sought after location close to main roads, public transports, colleges and shopping centers, it sits in a secure gated complex at the center of Calamvale – a booming suburb south of Brisbane. This property has never run short of quality tenants in the waiting list and will continue to be a reliable cash cow for its next owner. All you need is to sit back and watch the income flows in on monthly basis from this golden investment opportunity!

Unlike nearby complexes, this has an impressively low body corporate of only $55 p/w and a reasonably low council rate of approx $215 per quarter.

Property features are as below:

1. Location: a short walk to express buses going to Brisbane city
2. Interior: 3 generous bedrooms all with built-in wardrobe, 2 bathrooms, 2 car spaces

3. Additional interior features include:
- Ceiling fans x 3
- Air-conditioning x 2 Mitsubishi split system
- Modern open plan living and dining area
- Large kitchen with ample storage
- Glass cook-top and dishwasher
- Master bedroom with en suite and a private balcony viewing the pool
- Independent laundry and 3rd toilet
- Security screen doors
- Lock up garage with remote

4. Condition: solid brick and tile home built to last, large backyard
5. Rental potential: a long-term lease is secured with current tenant. There has been consistent rental growth in the past five years. More space for increase as rental market in Brisbane is now in increasing demand.
6. Complex: BBQ, Pool, Spa, security gate, sufficient visitor car parking.
7. On-site manager takes care of your rental business and property maintenance.

Offering all the benefits of value and location, this is a genuine investment opportunity that won’t exist long. It suits both local and inter-state investors who are after reliable long-term return without the worries and pains to manage it themselves, exactly for this reason units in this complex have been particular attractive to inter-state investment owners.

The current owner is realistic and wants it sold. Don’t miss out, call on site manager Alan today on 0423 089 882 to arrange individual inspections and put in your best offer. Make it your next cash cow for many years to come!

**PHOTOS ARE FOR ILLUSTRATION PURPOSES ONLY**

All information contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.