Investors take note. Here it is! A decent residential property yield of 6%• with immediate, strong cash flow.
Quality, long term tenant paying $20,800pa with potential to increase over time. Current lease expires September 2018.
Quality, spacious brick and tile home in very good condition, requiring very low maintenance. It's in a boutique & tightly held complex of only 16 townhouses right in the heart of Reedy Creek.
Perfectly positioned with public transport on the doorstep and within walking distance to popular schools, local cafes, shops and the Reedy Creek Shopping Centre.
- Three bedrooms upstairs with built in wardrobes and ceiling fans
- Huge master with large, practical study nook, extra-large balcony and ensuite with bath
- Main bathroom also has a bath
- Roomy kitchen with loads of storage and bench space
- Generous combined lounge and dining area with plenty of natural light leading to private courtyard
- Separate laundry and powder room with direct access to garage
- Valuable, two-car off-street parking with the potential to close in to make 'lock-up garage' style
- Sparkling swimming pool, surrounded by established gardens and lawn area
- Ideal investment opportunity with high tenant demand and low body corporate fees
- Fast, easy access to M1, schools, train, hospital and shops
Completely tidy as is, with no major renovations required for some time, this is a real diamond in the rough to add to your portfolio and watch your investment grow.
Smart-buy properties are hard to find and don't usually remain available for long. Act quickly to avoid disappointment.

Council Rates: TBA
Water Rates: TBA
Body Corporate: $3,217pa approx. ($62pw approx. for on-time payment)
Current Rental: $20,800 pa ($400pw)

•Yield calculation based upon current rental and minimum list price of $349,000. This yield is subject to change on final property sale price.