Here is something different for investor clients, yet still very affordable this 3 unit triplex has high rental return. Kinston is a strong investment area in the Logan Council area in SE Qld.
Location is the key to this property.
⢠20 mins to Brisbane CBD
⢠35 mins to Logan Motorway
⢠10 mins to Pacific Hwy (M1)
⢠40 mins to the Gold Coast
Logan Hospital, major shopping complexes, sporting and recreational facilities are close by. Kingston rail station/ public bus station are located within walking distance. Logan Hyperdome with its cinema’s, bars, restaurants and café’s plus enormous shopping opportunities are only a quick 12 min drive away.
Logan is Qld’s third largest city and one that is young, dynamic and booming with growth.
This Opportunity:
Triplex: 3 units = total of 6 beds, 5 baths, 3 cars
Unit 1: size is 100.94m2
2 beds, 1 bath, living and meals, separate 2 x WC, single lock up garage, laundry plus alfresco
Unit 2: size is 117.58m2
2 beds, 2 baths (en suite) WIR, separate WC, Meals and Living, closet laundry, single lockup garage plus alfresco
Unit 3: size is 109.73m2
2 beds, en suite and WIR, bathroom, separate WC, Meals and Living, closet laundry alfresco and single carport
Features and Inclusions summary:
⢠Bedrooms with either WIR or built in robes
⢠Some with en suite
⢠Air conditioning unit to living areas,
⢠Ceiling fans throughout including alfresco
⢠Manufactured 20mm stone bench tops in kitchens
⢠Quality tap wear
⢠Modern kitchen appliances including dishwasher
⢠Land scaping and turf
⢠Matching render letterbox
⢠Separate clotheslines, separate hot water systems,
⢠Sub water and power meters
⢠Fire rated party walls,
⢠Internal garage access Unit 1
Please refer or request full inclusion schedule
TRI LIVING: RENTAL ESTIMATE – unit 1 $310 pw + Unit 2 $320 pw + unit 3 $305 pw = $935pw total rental income
DEMAND: rental demand in huge in this location due to its convenience to major employers and public transport availability
Current vacancy rate: (Dec 2018) 2.1%
Note: TAX DEPRECIATION SCHEDULE HAS BEEN ALSO INCLUDED
Note: STRATA TITLE COSTS HAVE ALSO BEEN INCLUDED IN PRICE
FOR SALE: $765,000
KAYE TILLEY 0418 823 046