This open plan 3 bedroom lowset villa is in excellent condition and has a long list of features, including: – Dishwasher, Insinkerator, Stainless steel rangehood, electric oven, & cooktop. Air conditioned comfort with fans to living area & master bedroom, electronic security system and single lockup garage with internal entry. All 3 bedrooms are carpeted with built-in robes. The main bathroom has a full size bath and shower, while the master bedroom has its own ensuite. A fully fenced private courtyard round out this property.
With annual rental income of $18,980, Body Corporate Fees approximately $3,257 & Rates approx $1730, the yield on this investment is a solid 5.9%. The current (exceptional) long term tenants have a lease at $370 per week ending in May 2012, with option to renew.
The Kuraby area is becoming one of the most sought after rental suburbs in South Brisbane due to transport and travel options. You can rest assured with only a 3 minute walk to the modern railway station providing direct travel to the city, airport and Gold Coast, easy road access to the Gateway arterial, M1 Logan motorway and S.E Freeway for travel to the City, North, South and West, this complex maintains demand with occupancy levels above 98%. A bus stop outside the gates provides another travel option to the city or large local shopping centre.
Experienced On-Site Managers maintain the complex, collect your rent, and look after your investment

A copy of the Sustainability Declaration Document is available on request from the Agent.