Offered to the discerning buyer – A full 5% Gross Return on a developed residential town house complex complete with self managed operational Body Corp.
Near new and comprising 7 mixed design single and two storey townhouses, the development is set in the heart of bustling Beerwah on the Sunshine Coast Hinterland.
The complex comprises both single level and townhouse style units – all three bedrooms with a diverse range of floorplans set in a landscaped gated development. Most have private courtyards or decks and all have single lock up garages. Units are well optioned with stainless steel kitchen appliances including dishwasher and split system air conditioning.
Ideally positioned on the edge of the shopping precinct with a casual walk to rail access, local shops and conveniently positioned beside a new ALDI supermarket. A great location offering tenants the opportunity to walk to all facilities but with the advantage of privacy and security.
Sitting in the Sunshine Coast hinterland, the town is experiencing fantastic growth with commuter access to Brisbane and North Coast by rail and upgraded highway. A huge tourist flow through the town because of its strategic location identifies this community as a growth zone. The occupancy rate is exceptional and
returning approximately $112,000 per year gross.
An extensive specification and inclusion list is available upon request as well as a Depreciation and Building Cost Write off Schedule for each unit.
An ideal project for those savvy investors because of the yield produced, a total control by owner of the site, the easy lending criteria needed for residential real estate and the low risk management spread due to the group titled design. All in all a very easy buy, sit, and grow investment.
It could also represent a glowing opportunity for the discerning buyer for superannuation inclusion by its easily managed, consolidated investment offering both reliable cash flow income and expanding capital growth.
A change in direction of the owner necessitates a express sale and settlement of this property and the seller will work with intending purchaser on all genuine offers.
For further information contact Nigel Forbes on 0466 824 008.
The Sustainability Declaration is available upon request from the Agent.