Level Lot / 8/17 Erneton Street
Newmarket QLD 4051
- 2 Bed
- 2 Bath
- 1 Park
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Investment Opportunity – Two Units on One Title - Immediate Dual Income
Perfectly positioned in a central location just minutes from Newmarket Village, public transport and local amenities; within this boutique unit complex a remarkable and unique opportunity is on offer to secure 2 x one-bedroom units on one title earning a dual income.Built in 2011, this rare offering will appeal to the astute investor seeking a low maintenance investment in a sought-after suburb with low vacancy rates, solid rental return and located just 5kms from Brisbane CBD.
Features include:
- 2 x 1 bedroom, 1 bathroom units
- Galley-style kitchens including fridge and microwave
- Air conditioned in living room with built-in storage
- Washing machine and dryer in bathrooms
- Balcony off bedroom
- Built-in wardrobe, desk plus ceiling fan in bedrooms
- 1 allocated car space
- One title
- Low vacancy rates with current fixed term leases in place
- Current rental return $35,360 pa
- Body Corporate $736.00 approx./qtr
- Council Rates $450.00 approx./qtr
- Walking distance to shops, restaurants, cinema and public transport
- Low maintenance investment
Tenancy details:
- Unit 15 - $340 per week
- Unit 16 - $340 per week – Lease in place until 6/3/2024
Investment opportunities like this don't present often, the minimal vacancy in this complex throughout the past 12 years is a testament to how much the occupants enjoy the surrounding amenities and proximity to shops, restaurants, cinema, public transport along with the short commute to Brisbane CBD and local Universities.
Features
General Features
- Property Type: Unit
- Bedrooms: 2
- Bathrooms: 2
Indoor Features
- Toilets: 2
- Airconditioning
- Built In Wardrobe
Outdoor Features
- Open Car Spaces: 1
- Balcony
Other Features
- Close to Schools
- Close to Shops
- Close to Transport
Can I afford Level Lot / 8/17 Erneton Street?
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