Take the advantage of record low interest rate and make positive gearing plus capital gains: This attractive townhouse is a rare investment in an ideal location with quality living, and just a short walk to Banoon train station. This is a must see for 1st time buyers & investors.
Offering a high rental return at $400pw, this solid 2-storey townhouse is securely positioned inside Sunnybank Mead - a beautifully maintained gated complex with on-site management, a sparkling in-ground pool, big BBQ area, CCTV at the front gate and Mobile phone controlled intercom system and parking spaces.
Inside you'll find a spacious air-conditioned lounge room with new carpet at the front, that flows into the tiled dining area adjacent to the kitchen.
The kitchen is well-equipped with good quality appliances and a useable breakfast counter., with the laundry just off the kitchen.
The dining area next to the kitchen flows out to the backyard, with a generous undercover patio, fully paved alfresco area and low maintenance gardens with side-gate access. You have the freedom to add your own landscape plan or leave it simple and tidy.
Accommodation wise, there are 3 large bedrooms upstairs with recently replaced carpet. Two have built-in wardrobes, while the larger main has a walk-in-robe, air conditioner and stylish ensuite, with access to a private front balcony.
The second bathroom is ultra-spacious with a bath and large vanity with storage and a mirror.
Other features to consider:
- Recently replaced carpet upstairs & downstairs
- Ceiling fans in each bedroom and downstairs lounge
- Both lounge and master bedroom are air-conditioned
- Security screens
- Large main bathroom with separate bath and shower
- Downstairs 3rd toilet
- Single lock up garage with remote
- Welcoming front porch
On top of being affordably priced, this fantastic townhouse investment is located so close to everything (train, bus, Sunnybank Plaza, Market Square, Pineland Plaza, schools, University, hospital, restaurants, etc), you won't find convenience at this price anywhere else! This one is definitely worth your inspection.
To investors: It is time to take the advantage of record low interest rate and make positive gearing plus capital gains
For example: Borrow $315000 from Bank of Melbourne with fixed interest rate at 2.29 % for 3 years, you only need to pay annual interest of $7213.50.
Rental income: $400 per week = $20800 per annum
Positively geared to $13586.50 (rental - interest paid) per annum less owners fees, plus capital gains over the next three years.
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Restrictions. If you have or are experiencing one of the following ensure your advise the agent and do not attend the inspect.
1. you are unwell
2. you have been in close contact with a known active case of COVID-19
3. you have COVID-19 symptoms
4. you have travelled overseas in the previous 14 days
5. you have been to a declared COVID-19 hotspot in the previous 14 days (https://www.qld.gov.au/health/conditions/health-alerts/coronavirus-covid-19/current-status/hotspots-covid-19)
6. you have been directed to quarantine in their home
7. you have been tested positive for COVID-19 in the last 14 days.
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