A unit in 3/BUP10066 Beenleigh QLD. We estimate its value at $165,000. Constructed in 1990, featuring 2 bedrooms and 1 bathroom.
7.8% return, affordable and reliable! Are you in search of an investment property that is a reliable performer, in a development hot spot, and is completely affordable? Whether you're looking for your first investment or wanting to add a dependable performer to your existing portfolio, 3/97 Main St is for you.You'll find this low maintenance townhome within a quiet, leafy, securely gated complex close to the Beenleigh CBD. The location is always going to be an absolute winner with tenants, as it is less than 300m to The Mall a mid-size shopping centre comprised of various dining and retail options, as well as a Coles supermarket. The property is also just 400m to the Beenleigh train station, which is a major transport hub enjoying express train services to Brisbane and the Gold Coast, Brisbane airport trains, and a plethora of bus services. Beenleigh itself is the centre of significant residential development, bringing additional residents, jobs, and demand for the area.The townhome itself is a classic 2-bedroom 1-bathroom home, with an airconditioned living area and petite private courtyard. The bedrooms can be found at the top of polished wooden stairs, both decent sized rooms with built in wardrobes. Also on the upper level is an additional storage cupboard and the bathroom with shower and toilet. The kitchen is situated on the ground floor. It's in excellent original condition offering plenty of storage space, with a delicate serving window directly into the lounge and a back door directly into the courtyard. As with everything in this property, it is neat and functional, and the choice is entirely yours as to whether you update it cosmetically or not.The property is currently rented for $270 a week, delivering a whopping 7.8% return. You'd be crazy to miss this one, guaranteed to perform in a failsafe location for a price that anyone can afford!Want to know more about how this property will work for you? Contact Michael!