14 Bayswater Terrace, Hyde Park QLD 4812

Expand your portfolio and sure up your super fund with this rock-solid investment in the heart of popular Hyde Park. Built by the property's only owner in 1971 and never before offered to the market for sale, the solid block and tile construction will ensure this property is both low in maintenance and will be here for another 50 plus years. Undergoing a major rejuvenation approximately 10 years ago, there is nothing to do for the new owners except sit back and enjoy the over $57,000 p.a. in income from this smart and trouble-free investment. Viewings possible by appointment, so call today.

The Property

- 4 x 2-bedroom flats set on an 810m2 fenced block
- Each flat features one bathroom, lounge/kitchen/dining area & internal laundry
- Major renovation internally to living spaces, kitchens & bathrooms approx. 10 years ago
- One car space each property
- Three of the four flats enjoy fully enclosed & lockable outdoor space
- Fully security screened
- Air-conditioned living areas and master bedrooms
- All bedrooms have built-in wardrobes
- Visitor parking on site
- Currently returned $57,460 pa. with tenants that are eager to stay long term
- Leases available on request
- Current rental appraisal shows up to $62,400 possible in this market which is continuing to tighten
- Occupancy has been extremely high over a long period

The Location

- Close to quality junior and senior schools
- Close to major shopping centres
- Walking distance to parks and sporting fields
- Moments to the Mater Hospital precinct
- A short drive to the city centre and The Strand