This property is a unit on a parcel in 237/SP206778 Sherwood QLD. In this market, it is valued at approximately $430,000. Constructed in 2009, featuring 2 bedrooms and 2 bathrooms.
6% RENTAL YIELD WITH LONG TERM TENANT Looking to take advantage of the low interest rates? Looking for a solid rental return? Then look no further. Situated in the blue chip suburb of Sherwood, this stylish top floor apartment at 'The Parklands' at 20 Egmont Street is primed for an astute investor to pick up a superb property.This well-lit apartment has an open plan design with the master bedroom offering a walk-in robe and a spacious ensuite coupled with a dual vanity. There is also the second bedroom and not to mention the separate study room which is perfect for a home office. The modern well-appointed kitchen features stainless steel appliances along with a dishwasher and stone benchtops.The living area extends out to an ample sized balcony, which is ideal for family dinners and also overlooks a downstairs play area for kids. This apartment also has secure 2 car tandem parking downstairs. The well-groomed lawns and parklands highlight a tropical feel in the complex and on-site facilities include an in-ground swimming pool as well as a gymnasium and a media/conference room for private engagements. State and private schools are in the vicinity along with buses and rail only a short walk away. Specialty cafes and supermarkets are just around the corner in Sherwood Village.Currently returning $520 per week until February 2016, circumstances have changed for this investor and this apartment has to go.Unit 237/20 Egmont features:- Two bedrooms (master with ensuite)- Separate study room- Dual vanity bathroom- Air-conditioning- Modern kitchen with stainless steel appliances- Spacious balcony- Two car tandem parking- Swimming pool- Gym facilities & BBQ area- Walk to schools, shops & public transportCouncil Rates: $305.47 per quarter