Two-bedroom, two-bathroom units listed at offers over $149,000
Key features include:
- Air-conditioned and ensuited bedrooms, lounge, and kitchenette
- Security screens and small patios with great views and no rear neighbors
- Currently tenanted at $250 and $240 per week respectively
- Gross rent of $490 per week, providing an incredible 7.3% net return on investment
This is a rare opportunity to acquire two sets of one-bedroom, one-bathroom units in the sought-after Eureka Tivoli Gardens Seniors Village. Located in a serene environment with beautiful gardens and lawns, this senior's lifestyle village offers a relaxing living experience. The units are designed with open-plan layouts, allowing easy movement without any steps, making them accessible for walking frames and wheelchairs.
Each self-contained unit is equipped with ceiling fans and/or air conditioning, a spacious living area, a kitchenette with microwave and cooktop, a large bedroom with a built-in wardrobe, and an ensuite bathroom with laundry provisions. Additionally, each unit features an individual courtyard suitable for outdoor settings and pot plants.
The Eureka Tivoli Gardens Seniors Village is conveniently situated less than 5 minutes from Ipswich CBD, offering direct highway access to Brisbane, Toowoomba, and the Brisbane Valley. Nearby amenities include the Norths Rugby League Club, Ipswich Bowls Club, Jets Leagues Club, and Riverlink Shopping Centre, providing various entertainment, dining, and shopping options.
For investors, these feature-packed units are currently rented at $240 and $250 per week, resulting in a gross rent of $490 per week and an impressive 7.3% return on investment.
Financial Details:
Total Gross Rent: $25,480 per annum
Annual expenses:
Water rates - $994.32,
Council Rates - $1,984.4,
Body Corporate - $9492,
Management - $2038.4
Net Profit (pa): $10,971.28
Whether you wish to retain the current tenants or move in and enjoy the units yourself after their lease expires, this lifestyle village offers a convenient location in the highly sought-after suburb of Moores Pocket. With easy access to the Warrego Highway, Brassall Shopping Centre, schools, daycares, medical/dental facilities, and sporting/entertainment venues, you'll have everything within reach. The property also provides convenient access to the Riverlink Shopping development and the Ipswich CBD with electric rail service to Brisbane.
Don't miss this opportunity to acquire quality units in a desirable area at an affordable price! These units offer a remarkable return of over 9% and have been competitively priced to sell quickly at offers over $149,000.
View more
View more
