Don’t miss this rare opportunity to add this first class investment property to your portfolio. Built in 1984, offering 6 spacious, air conditioned 2 bedroom, 1 bathroom apartments in very good condition and strategically located only 8 kms from the Brisbane CBD and just a short stroll to the Kedron Brook Bus Station (access to 6 routes on the Northern Busway Network) Wooloowin Railway Station and easy access to the Airport Link Tunnel and Clem 7 Tunnel, this property is superb in every respect. The perfect investment if you are looking for strong yields plus assured capital growth moving forward.

FEATURING:
Land size 821sqm
Beautifully constructed double brick with rendered brick internal walls- very little maintenance required
All apartments are spacious with modern kitchens and bathrooms
All apartments have a dishwasher, washing machine and clothes dryer included
Security intercom entry
3 apartments have 2 car garage ( 1 with large storage area ) and 3 apartments have spacious single car garage
5 visitor car parks onsite
Fully fenced with rendered brick fence along the front boundary with easily maintained tropical landscaping in common areas
Tropical in ground swimming pool with pool safety fence certificate (fully fenced and landscaped)
10,000 litre water tank

RETURNS

Currently fully tenanted returning $1,970 per week

Gross rental return = $102,440

Havig & Jackson have managed the property for many years and in the last 2 years the vacancy rate has been less than 1%

LOCATION
Exactly 8 kms from Brisbane City CBD ( 10 mins drive )
10 mins drive to Brisbane Airport via Airport Link Tunnel
Walking distance to Wooloowin Railway Station
Walking distance to Lutwyche Centro Shopping Centre and Stafford City Shopping Centre
Walk to Kedron Brook bikeway and Mercer Park, Shaw Park and Kalinga Park
Walk to Kedron State High School, Wooloowin Primary School and Stafford Primary School
Walk to Kedron Brook Bus Station on the Northern Busway Network- see below link to map

http://translink.com.au/sites/default/files/assets/resources/travel-information/network-information/maps/busway/141129-northern.pdf

Council rates - $305.47 per quarter, per unit excluding water and sewerage.

Unit 1 - $320 p/w
Lease end date : 24/09/15

Unit 2 - $330 p/w
Lease end date : 15/09/15

Unit 3 - $320 p/w
Lease end date: 11/03/16

Unit 4 - $335 p/w
Lease end date: 17/01/16

Unit 5 - $330 p/w
Lease end date: 09/07/15

Unit 6 - $335 p/w
Lease end date: 07/05/15

Inspections by appointment only.