$575,000

119 Royal Parade, Banyo QLD 4014

5 Bed

3 Bath

2 Car

$575,000

119 Royal Parade, Banyo QLD 4014

5 Bed

3 Bath

2 Car

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Exceptional Investment Opportunity

Located in the developing suburb of Banyo this modern dual living complex offers a superb opportunity to add to your portfolio or give you that great start in the property arena. Extended & renovated to a high standard 6 years ago, this property has been divided into a three bedroom unit upstairs and a two bedroom unit downstairs, both well designed for a lifestyle sought after by tenants. Conveniently positioned on 486m2 of land this investment property is only a 500m walk to Banyo Train Station, other amenities and adjacent new Woolworths development site.

Property features include:
- Open plan tiled living area flowing out on to the covered balcony or private patio
- Modern kitchens with plenty of cupboards
- Upper unit master bedroom with walk-in robe and ensuite, all opens out onto back balcony with two further bedrooms with built-ins
- Lower unit two double bedrooms with walk-in robes
- Ceiling fans ,flyscreens and white blinds throughout
- Modern bathroom with large shower and separate bath
- Units have an abundant of storage spaces

Both units are of a neutral colour tones, highly desirable to any potential tenants. The units have a single carport each and internal access to the large laundry with individual connections for each plus in unit isolation switches. Both units are separately metered for gas/electricity connections.

BCC Rates: $415.00 gross per quarter excl. water & sewerage

Currently returning $35,100 per annum. There is nothing for the savvy investor to do but buy and collect the rent - both units are currently fully leased.

Features

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