This property is in fantastic condition, offering a great layout that affords the space you are looking for with clean lines and easy cleaning requirements. You will love the super low maintenance lifestyle this townhouse offers.

Currently tenanted it will be ready for investors to put a tenant in at a premium rent, or ready for the owner occupier / first home buyer to move straight in on settlement.

This great property includes the following features:
- 3 Generous size bedrooms with built in robes
- 1 Bathrooms which is 2 way and ensuites the master bedroom
- Sunny open kitchen with brand new dishwasher
- Ceiling fans throughout the property
- Reverse cycle Split System air con in downstairs living/dining area
- Single lock up garage
- Open plan carpeted living area
-Separate toilet and laundry
- You own private tiled and stone fully fenced backyard with private gate to pool.
- The complex includes fantastic 2 x lagoon style pool at different ends of the estate
- 2 tennis courts
- Very low Body corp per week
- Fully gated and secure estate

This property is very low maintenance and great for people who love to enjoy life on the weekends rather then mowing the lawns.

PROPERTY INFORMATION
Property Built: Approx 1993*
Land Share: 5.94 Ha*
Units In Complex: 150 approx
Council Rates: $1,529* p.a. approx
Water Rates: $2,005* p.a. approx
Body Corp: $42* per week approx (inc insurance and 20% disc if paid on time)
Sinking Fund: $114,020* (as per balance sheet 30th June 2015)

INVESTMENT INFORMATION
Current Rent per week: $350* per week
Lease End date: 11/07/2015 (will be periodic month to month after that – so owner occupier can move in in 30 days time from contract or investor can resign the current tenants for another 6 or 12 months)
Annual Income: $18,200* p.a.
Gross Yield: 5.87%* (Based on sale price of $310,000)

Close to the famous Mikes Kitchen (best ribs on the coast), McDonalds, Merrimac Tavern, Coles Worongary, Montezumas restaurant, Zarraffas, All Saints Anglican School, Robina Hospital & the M1 freeway.

This complex is kept with pride and remains peacefully quiet so it is an ideal buy for owner occupiers. For investors, the unit is super easy and with a Body Corp of just $42* per week, it’s one of the lowest in the area.

Do the sums on this one, come and inspect and see the incredible value it has to offer.

For more information or to book an inspection, please contact Brad Scott or Wayne Haase.

We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

* denotes approximate measurements