44/81 Network Drive Wynnum West QLD 4178
$ 375,000

DESCRIPTION

This rare investment opportunity is yours for the taking, returning a generous 5.8% yield. This would be a great addition to your buy and hold investment portfolio. The well manicured, spacious complex is in the perfect location for access to the city, north or south on the Gateway Motorway or within the beautiful Bayside itself. Melaleuca Chase is a highly sought after residential complex of 57 townhouses and villas, with potential tenants constantly enquiring about availability. They are often disappointed due to the extremely low (no) vacancy and the longevity of the residents. This duplex townhouse is well kept and maintained with very good, stable tenants who want to remain here long term.

- Tenanted until 19 July 2019
- Rented at $425/wk
- Attentive OnSite Manager with a strong Real Estate background and a vested interest in the success of the complex. They can perform many maintenance tasks inside the property, reducing ongoing expenses.
- Strong and supportive Body Corporate with appropriate Sinking Fund
- Three large bedrooms, all with built in robes and ceiling fans
- Ensuite and spacious Main Bathroom (separate bath and shower)
- Lovely covered courtyard with grass
- Air conditioning / Heating in Lounge Room and Master Bedroom
- Secure, gated complex
- Quiet complex with a very friendly, diverse group of residents
- In-ground Pool and common room in the complex
- Water costs evenly distributed between all owners
- Rates approx $375/qtr
- Body Corp fees currently approx $980/qtr
- Brisbane CBD only 15km away with various public transport options and road networks
- 5-10 minutes walking distance to Wynnum Plaza & buses
- Opposite Brisbane Bayside State College, and a short drive away from many other schools such as Wondall Heights, Wynnum, Wynnum West, Tingalpa and Manly West.
- Opposite the steam train village, remote control car track, BMX track and large parkland with playground and BBQ area

Enquire today for your private viewing.

Note some images are not of the actual townhouse, but are indicative in the size and layout of that available for sale.
(3871521)