28/1 Koala Town Road, Upper Coomera QLD 4209

3 bedroom townhouse ideal investment, 1st home or downsizing

The Property:

This 3 bedroom townhouse complete with master en-suite, main bathroom and downstairs toilet is located in the beautiful Riverglades complex in Upper Coomera.

On the lower level is the large open plan lounge, dining and kitchen with internal access single garage.

There is a laundry with additional toilet and You can access the private backyard through the sliding door in the dining area. Upstairs are 3 bedrooms with wardrobes, main bedroom has an en-suite, the main bathroom has a bath and walk-in shower plus there is a separate toilet.

The Complex:

Riverglades is an open, well managed complex with a good mixture of owner occupies and tenants and is popular with families. Investors love the very high occupancy rate giving them a great return and settled income. The body corp levies cover the caretaking and up keep of the external part of the properties. Owners are only responsible for the inside of their unit.

The complex is spaces and has 34 units with an onsite manager / caretaker, security gate, in ground swimming pool, BBQ and large grass area.

The Location:

Upper Coomera is located on the northern part of the Gold Coast with access to the M1 motorway for both North and South travel. It is near the theme parks, major shopping centres and very good private and pubic schools.

The Investment:

With a tenant in place until October 2022, this is an ideal investment with cash flow in place and options for the new owner to either continue as an investment property or move in.

This property is a great investment or ideal for 1st home owners, and those looking to downsize.

It is hard to find quality properties in good complexes around this price.