0/164-172 Spence street, Bungalow QLD 4870

This well presented Ground Floor apartment away from street is a furnished 3 bedroom apartment returning a very solid $490 p/w increasing to around $530/week in April 2025 with long term tenants already in place willing to stay on or with 2 months notice to remove for you to move in yourself.

Body corp. fees approx. $1838 p/quarter
Council rates and water approx. $2900 p/annum
Rent $490.00 p/w increasing April 2025
Purchase price offers over $419,000
Gross Yield 6.1 %

Property description:
3 bedrooms all with built Ins to all rooms, master with Ensuite
2 Bathrooms
2 toilets ( main bathroom, Ensuite)
Patio leading off bed room 3
Ceiling fans to all bedrooms, living and dining area
Open plan living and dining area
Air conditioning to all rooms
Modern kitchen with built in appliances
Dishwasher and overhead cupboards
Single allocated car port carpark
NBN FTTP connection available
Good sized private rear garden
Large entertainment area with pool in complex
Walk to City, Bus, schools and shops for convenience
Great onsite managers to protect and grow your investment

NOTE: Pictures of interior of unit are not current due to tenants belongings in the unit.
(Watch your investment portfolio grow with excellent presentation to the Security gated complex complimented by lush landscaping, Walk to shops, transport and schools for ease makes this a must, act now. )

***Inspection by appointment only.

Please note all gross yields and return details are approximate and are based on the asking price only (not the sale price), the gross return also does not include any tax credits or deductions the purchaser may be entitled to, and is based on information provided by a number of sources. This information is provided as a guide only and is based on figures provided to Onsite Property Pty Ltd and whilst this has been prepared in good faith and with due care, no liability for negligence is otherwise assumed by Onsite Property Pty Ltd , its principals, agents or servants. Please conduct your own investigations into the subject property to satisfy yourself with the matters concerning the property.