Offers Over $749,000
INVESTORS SPECIAL - GREAT RETURNS - CASH FLOW POSITIVE
INVESTORS - Two Incomes from 1 Title
GROSS RETURN OF $910 PER WEEK
An ideal investment opportunity has just arrived for you to look over. This property features not one, but two incomes from two houses on one title and two fabulous tenants locked into long term leases and wanting to stay longer.
1 Allspice Street Crestmead is a 3 bedroom brick and tile home.
Property features include:
• 3 bedrooms
• 1 bathroom
• 1 enclosed carport with internal access
• Fully fenced front yard and rear courtyard
• Large covered entertainment area leading out from kitchen/dining
• Neat and tidy
• Current long term tenant paying $475 per week with lease until 07/06/2024
1A Allspice Street Crestmead is a two bedroom modern Garden Home
Property Features include:
• Spacious Bedrooms, both with built in wardrobes
• Air Conditioning to living area
• Ceiling fans throughout
• Great size & tastefully appointed bathroom with separate bath
• Lovely kitchen with gas cooktop & ample cupboard space
• Security screens throughout
• Generous entertainment deck
• Fully fenced good size low maintenance yard
• Single carport
Current long term tenant paying $435 per week with lease until 22/01/2024
The two houses are separately metered for electricity and water and are both up to date with smoke alarm compliances.
With the yearly gross return of $47320 and outgoings of Rates at $3267 P/A and Water Connection of $1778 P/A the number absolutely stack up to provide and cash flow positive investment with little to be spent in the short term on the properties maintenance.
With the South East Queensland region booming & all the recent infrastructure announcements, now would be an ideal time to invest in the area. We encourage you to act quickly to avoid disappointment, as investments of this quality are rare.
Inspections will be via open home times stated. Feel free to reach out for further information or to secure this rare opportunity.
Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Springwood & Shailer Park by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
Shop 24/34 Fitzgerald Ave Springwood Shopping Mall, Springwood QLD 4127
LINDSAY BATTLEY
0411 197 343