50/33 Scholars Drive, Sippy Downs QLD 4556

$430,000

3 beds

2 baths

1 parking

SOLD by Dallas Foster

Located in the 'The Village', lies this 3 bedroom, 2.5 bathroom townhouse with a single lock up garage that is perfect for an entry level purchase in this market.

Unit 50 forms part of a secure and gated complex with 24 hour on-site management and security, 4 lane 25m lap pool, two further leisure pools, tennis court and basketball court and multiple BBQ facilities all within walking distance of one of the fastest growing Universities, bus stop, IGA, local shops and cafes.

The Village complex boasts 100% occupancy along with a long waiting list of potential tenants, so feel at ease that this is a solid investment property with large demand from the rental market.

On offer is three spacious bedrooms each with a study desk, built in robes and ceiling fans throughout the townhouse. Along with two complete bathrooms upstairs plus a toilet/powder room.

The downstairs living space is open plan and overlooks your very own private courtyard that is currently all paved.


Current leases in place: Tenants will NOT be vacating any sooner

A room - lease expiry 15/12/2022; Rent $244/week (Net after boarding services - $185.55)
B room - lease expiry 15/12/2022; Rent $204/week (Net after boarding services - $145.55)
C room - lease expiry 15/12/2022; Rent $204/week (Net after boarding services - $145.55)

Net rental income: $476.65/week


Property features:

• Townhouse living in secure & gated complex
• 3 bedrooms, 2.5 bathrooms & single lock up garage
• Pet friendly complex: STBCA
• 100% complex occupancy with large waiting list
• Body Corporate Fees: $6,000 p/year
• Property rates: $2,200 p/year approx.
• 24hr on-site management & security
• 4 lane 25m lap pool & 2 leisure pools
• Floodlit tennis & basketball courts
• Chancellor Primary School, directly across the road
• Walking distance to University, IGA shops & bus stop

Property Details

• Type: House
• Bedrooms: 3
• Bathrooms: 2
• Garage Spaces: 1