ID:21132161/2 Harbour Road Hamilton QLD 4007
$375,000 ONO

DESCRIPTION

This Investment Opportunity is one of the rare ones! The current & excellent tenant has been there for 6 years and will be staying.

The rental will increase in August and will see the gross return to the landlord increase to circa 7.07% with this based on $375,000!! The average Brisbane Investment Property return currently sits at only 3.9%. Source: CoreLogic

On a 90% P&I Mortgage the weekly repayments will be super close to being covered by the weekly rental. Not Bad Hey! (Source: https://moneysmart.gov.au/home-loans/mortgage-calculator)

If you're looking for an Investment Property in a 10/10 location, in a well maintained & managed Building, thats sub $375K, that provides a good and growing return, then this could be the one!

Asking Price: $375,000 ONO.

Layout: 1 bed, 1 bath with an internal balcony and a 50 sqm floor area.

Building Features: A heated lap pool on Level 2 is the only facility - therefore assisting in keeping Body Corporate Levies down. The building has a ducted air-conditioning system which is a user pays model, therefore if the occupant (tenant) uses the system, its shows up on their electricity bill.

Views: A Level 12 position on the north-eastern side of the complex with good lofty views over Hamilton toward the airport.

Call or Email Jorgensen today on 0407 721 335 to receive the detailed information pack, including Brochure, Rates, Levies and Floor Plan.(Listing ID: 21132161 )