This property is a unit located on a lot in 1/BUP984 Southport QLD. Based on comparable properties, its value is $240,000. Constructed in 1979, it has 2 bedrooms, 1 bathroom.
Ground Level Unit - Within A Small Complex Of 6 Units There is a lot to like about this blue chip investment opportunity. Queen Street has long been considered the gateway to Southport. Nearby the light rail & on the fringe of the central business precinct. This spacious ground level residence is one of just 6 apartments in the complex known as Queens Crest. The interstate owner has a sincere agenda to sell due to a change in circumstances on or before the 4th of December auction.The current tenants love living in the property and are paying $310 per week in rent. The property presents clean and tidy & the current tenants just love it !! The current lease expires March 2020. The apartment has a good layout and is filled with natural light.The Key Factors :- Great location with very happy tenants- Weekly rental income $310 ($16,120 per year)- Rates $894.65 per 6 months- Last water bill $237.53 for 3 months - Low Body corporate $45.59 per week- Good storage, security & air-conditioning - Level unit access RE no stairs - Close proximity to public transport (Light Rail ) popular schools, parks, Australia Fair, The Broadwater, cafe's and shopping precincts- Offers prior to auction are welcomeThis is an opportunity not to be missed. The property will be sold. Call or text Tim 0419830778 for further info or a blank copy of the full sale contract. Agent conjunctions are welcome.