Ideal Investment Property – Fantastic Net Return

Tenanted investment property in sought after over 55s village.

If you have been looking for a safe bet, look no further. This complex has zero vacancy and has a waiting list of people wanting to live here. Most tenants are age pensioners, and their rent is often paid direct from Federal Government to the onsite property manager. As close to a guaranteed investment in bricks and mortar as you can get. Freehold & standard strata title.

Well presented one bedroom unit, located on the end of the row. This position affords greater privacy having only one neighbour and surrounded on three sides by landscaped gardens. The unit is fully self-contained with open plan living dining area with great natural light, security screens plus door and ceiling fan. This are flows to the galley style kitchenette and then onto the large bedroom. This large air-conditioned bedroom has built in wardrobe and has large sliding door access to the courtyard area at the rear of the unit. There is an ensuite style bathroom off the bedroom with internal laundry facilities. The tenant does not need to ever leave the unit if they chose.

$11,700 Rent
$2524 Body Corporate
$2234 Rates
$784 Water

Net income $5280 per year for just $105,000 Investment!

Village Life Toowoomba is located on Drayton Road, Harristown nearby to shops and medical. The complex is very well presented with landscaped gardens, large clubhouse and communal dining / kitchen area. If the tenant choses there are social activities and a meal service available.

Contact agent to arrange a private viewing