ID:21156836 3 McLennan Court North Lakes QLD 4509
Attention Investors

DESCRIPTION

Astute investors, this is a not-to-be-missed opportunity! Act now to secure a high yielding, modern two bedroom apartment in this beautifully run complex located in the heart of North Lakes community. With amazing amenity in the immediate vicinity, it’s no wonder apartments in this residential low-rise complex are in consistent high demand and provide an exceptional rental return. Managed and run by the on-site service, this expansive building is maintained to a very high standard and provides its residents with fabulous facilities including a relaxed communal area with large swimming pool and sunloungers, a recreational room with table tennis and a fully equipped gymnasium.

“Neo North Lakes” is only 9 years old and has a majority of investors owning due to the excellent position it is the perfect place for tenants as it is within a short walk to the Health Precinct, the North Lakes shopping precinct which is a major employment node and numerous education centres. It is mere metres walk to all these facilities and so much more. Spaciously planned, and presented with a quality finish and stylish decor, the large and functional two bedrooms apartment offers superior comfort and enjoyable living areas. Light filled with plenty of windows and secure sliding doors, the unit has high ceilings and premium tiled flooring. The combined lounge and dining area is fitted with split system air conditioning, ceiling fan and downlights plus neutral paintwork. This generous living room features a lovely view and captures gentle breezes from the big balconies which serves as a relaxed spot for outdoor entertaining and eating.

The high-end kitchen comes complete with stone-topped benches and breakfast bar seating with premium cabinetry that provides ample storage for all your kitchenware. It’s equipped with stainless steel appliances including a dishwasher and double sink. A separate laundry space is both practical and offers great utility storage. There are two good-size bedrooms, both with built-in wardrobes and luxury carpets underfoot. The private master boasts personal air conditioning and a neatly appointed ensuite with quality stone benched vanity and decent shower capacity. The main bathroom has a large layout and includes bath over shower. Other features include:
- Single carpark undercover
- Internal laundry with dryer included
- 2x split system air conditioning
- 3x Ceiling fans

Current tenant is paying $650/week as rent which gives a gross return on investment of about 5.8% and is leased until Dec 2025.

Neo’s on-site management service is offering to new owners a rental guarantee for 12 months based on 5.8% gross return for the incoming purchaser.

North Lakes is circa. 30km to Brisbane CBD and provides every amenity you need for easy living and great recreation. Part of Moreton Bay, it is close to nearby bayside suburbs of Redcliffe and Scarborough which are stunning seaside towns. Highlights include 3 minutes’ walk to Westfield North Lakes, IKEA & Coles. Only a short drive to Bunnings and Costco. Easy access to the Bruce Highway for Brisbane suburbs and Sunshine coast. Don’t miss your opportunity to lock-in this unique deal and start enjoying a solid income stream and watch your investment grow.

Call now for details and to book an inspection.(Listing ID: 21156836 )