14 Heather St, Logan Central QLD 4114

Phone enquiry code for this property : 9739

A unique opportunity to buy a rare investment property

An entire block of five two-bedroom townhouses on a large 1027 sqm flat cul-de-sac block

Brick and tile construction, built in the late eighties

Sitting in the heart of Logan Central this property is very close to all amenities

Current rents:-
Townhouse 1 $220 per week
Townhouse 2 $250 per week
Townhouse 3 $240 per week now vacant for the sale
Townhouse 4 $240per week
Townhouse 5 $230 per week

$61360 gross per year

Potential to update, possibly expand STCA, and increase the rental return

Very stable and trouble-free rental property

Each townhouse has the same floorplan. On the ground level is a large loungeroom, kitchen and a separate laundry with storage. Upstairs are two spacious bedrooms with BIWs and polished timber floors. The main bedroom has access to a verandah. Plenty of light from large windows and doors. The bathroom is located upstairs. Each townhouse has one covered carport space at the front door. There are three additional shared car spaces.

All the townhouses have just been upgraded to comply with the new QLD fire alarm requirements.
Great buy for the astute investor looking for a residential investment in a prime location, with long-term tenants, on single title This opportunity cannot be missed.
Inspections by appointment

Outgoings :-

Rates approx $2647 per quarter. Note-this includes water

No body corporate

Phone enquiry code for this property : 9739