At under $100,000 this unit presents an excellent opportunity for both seasoned and first-time investors to build a property portfolio without an overwhelming outlay.
With its recent upgrade the unit has a potential return of $180—$185 per week in rent representing an impressive 9.85% - 10.13% gross return on investment.
This newly refurbished one-bedroom apartment is located in the Sunnycove over 55’s complex.
The unit provides level access throughout to ensure easy independent living. It has been freshly painted and has new carpets throughout and has had all maintenance jobs recently attended to.
The unit has a spacious robe in the bedroom, reverse cycle air conditioning and a ceiling fan. It is surrounded by well-maintained lawns and gardens and overlooks a wonderful rose garden.
The unit is located only minutes away from the Girraween Shopping Complex which has a vibrant mix of popular cafes a, restaurants and retailers. Hospital and health care providers are also close by and a bus stop is located immediately out the front of the complex.
As part of the Sunnycove community, residents not only enjoy being part of the village life, and access to the facility’s recreation amenities.
As an investor your will have the security of 24-hour on-site management keeping an eye on your property.