72 Gillies Street ZILLMERE QLD 4034
Under Contract

DESCRIPTION

Move fast as exceptional investment opportunities like this don't last long!
Built in 2010, this modern complex is situated on 647m2 of land and consists of 4 x 2 bedroom, 2 bathroom townhouses which are all well presented and have spacious floorplans. The property is located on a quiet inside street in an incredibly convenient position close to everything.

The complex has been built to a high standard with each unit comprising stone kitchen benchtops, quality fixtures and fittings and spacious and functional floorplans which make them very attractive and comfortable. Each townhouse also features a generous private courtyard and patio area, in addition to a secure single car garage with remote control door.
The complex is currently held on one title, however it has been constructed to easily enable the townhouses to be individually strata titled if desired.

The current rental return for the complex is $99,060 per annum, however there is significant opportunity to increase the return to market rent which is currently around $115,000 to $120,000 per annum.

The property benefits from an ultra-convenient location within easy reach of every required service and amenity. Taigum Square Shopping Centre is just 1.1kmm away and Zillmere Train Station (and adjoining retail precinct) is just 1km away. There are also numerous buses just around the corner which service the CBD and local area. Zillmere is just 13km north of Brisbane's CBD and is just 5 minutes drive from Westfield Chermside Shopping Centre (Queensland's largest shopping Centre) and provides easy access to the Brisbane Airport and Gateway Motorway. The location is also within easy reach of the Geebung/Virginia employment precinct and local parklands and sporting fields.

A summary document of lease profiles, rental income, expenses and market rent analysis can be provided on request.

To discuss this opportunity further or to arrange your inspection, please contract JOSHUA WATERS.