4/120 Highfield Drive MERRIMAC QLD 4226
$900,000

SUMMARY
Investment Potential of 7% - 9%
PROPERTY DETAILS
Price
$900,000
Listing Type
Residential For Sale
Property Type
Townhouse
Bedrooms
3
Bathrooms
2
Method of Sale
For Sale
DESCRIPTION
Presenting a unique lifestyle or investment opportunity for all buyers alike, this well presented and maintained 3 bedroom 2 bathroom townhouse is accompanied by a high quality return.

This 3 bedroom townhouse is located in the proudly presented Ponte Verdes complex with pool, BBQ area, fire pit, and playground and includes the management rights overseeing the grounds and 11 managements of the complex with a contract until 2038.

Producing a high net income return allows for a multitude of buyers looking to downsize and semi retire, an investor looking to securing income for minimum to no work with outsourcing the managements or for a couple looking to owner occupy and operate themselves as the current owners are, a high profit return can be achieved by all.

The complex is in close proximity to all major facilities including the Robina Town Centre precinct, Hospital and CBUS Stadium and 5 minutes driving distance from highly regarded international golf courses located at Lakelands and Palm Meadows.

*3 bedroom 2 bathroom single garage townhouse with extra parking space
*Management rights overseeing complex maintenance
*Management rights contract until 2038
*Approximate Net Annual Income of $93,000
*Live on site and manage yourself or outsource managements and just oversee grounds maintenance
*Large enclosed courtyard
*5 minutes' drive from 2 international golf courses

Disclaimer:
Advertising Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.
INFORMATION
New or Established
Established
Garage spaces
1
Carport spaces
1
Land size
212 sq m
MORE INFORMATION
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