23/5 Carrington Court, Algester QLD 4115

Redecoration works are now complete! This delightful townhouse has been professionally repainted from top to bottom and the upper floor and stairs re-carpeted. With spacious open-plan living areas, 3 well-sized bedrooms, 2 bathrooms, generous backyard, a shared pool and a BBQ area perfect for entertaining this 2 level townhouse will appeal to owner occupiers and investors alike. Owners occupiers will love the fact that a mortgage of $200,000 @ 3.4% will only cost approx. $200 per week, less than renting a comparable property in the same complex!

CHEAPER THAN RENTING! - CASH FLOW POSITIVE INVESTMENT.

Investors that note that the likely weekly rent of $350-380 per week will easily cover the mortgage; cash flow positive from day one! This is a must-see property that won't last long at this price. Features include:

* Professionally repainted and re-carpeted.
* Open-plan living/dining and kitchen area on ground floor.
* Modern kitchen with plenty of bench space and storage.
* Three generously-sized bedrooms all with built-in wardrobes.
* Spacious master-bedroom complete with en-suite bathroom
* Internal laundry room with access to backyard
* Desirable corner block (approx.149m2) with covered rear entertaining area
* Pet friendly: one small pet (up to 10kg) is typically allowed.
* Split-system air conditioning, security screens to doors, on-site manager
* Rental appraisal approximately $350-380 per week, rental history with very low vacancy rate
* Lockup garage and an extra car space in front
* Termite barrier in place and documented

* Walking distance to bus stops 130, 132, 135, 136, Bus 130 direct to CBD
* 3 min drive to Parkinson Supa IGA
* Minutes' drive to Algester School and St. Stephen Primary School
* Easy access to Logan Motorway, Gold Coasts, and CBD
* 10 mins drive to Calamvale centre, Sunnybank Hills shopping Centre, Browns Plain Centre.

Body Corp fee $914.00qtr, Sinking Fund $156.28qtr, Council rates $393.95qtr, Water rates $(varies with use), Sinking fund balance $40,000 (approx.)

This property must be sold so call Chris White to inspect on 0407 526 868