$460,000

2 Bed • 2 Bath • 1 Car • 124m²

Main view of Homely unit listing, 3/120 Central Avenue, Indooroopilly QLD 4068

Floorplan of Homely unit listing, 3/120 Central Avenue, Indooroopilly QLD 4068

Second view of Homely unit listing, 3/120 Central Avenue, Indooroopilly QLD 4068

Sold

Third view of Homely unit listing, 3/120 Central Avenue, Indooroopilly QLD 4068

Sold

3/120 Central Avenue, Indooroopilly QLD 4068

Copy address

$460,000

2Bed
2Bath
1 Car
124m²

Unit Sold on Thu 12 May, 2022

What's around Central Avenue

Unit description

“Sold by Alex Denmeade!”

This ground floor apartment located in a boutique complex of only four apartments ticks a lot of boxes. Located just meters from schools and shops and boasting an open plan style with a private courtyard and two decks! you will be amazed by the potential. With low body-corporate fees and lots of potential this property will suite the astute investor, downsizer or first home buyer.

KEY FEATURES
2 bedrooms with built in robes
Ensuite to master
Bathroom with bath
Linen cupboard
Open plan kitchen
Combined lounge and dining
Under-cover deck
Private fully fenced courtyard
Private lock-up garage
FINISHED WITH
Air-conditioning to lounge
Dishwasher
Intercom
Electric stovetop
Remote lock-up garage
Wooden shutter blinds

INVESTOR'S CORNER
Built in 2003.
124 square meter ground floor apartment.
Located in the Indooroopilly State School Catchment.
Possible rental yield of 4.5%.
Fixed term rental ending on the 25th of March 2022.
Tenant paying $360 per week - current suburb average is $420 per week.
Not in flood area - as tested this week!
Body corporate fees of $92 a week (paying for building insurance, sinking fund, pest control, public area cleaning and landscaping, safety compliance, etc).

Sinking fund balance of over $72,000 as of February 2022.

This property will require some minor renovations to floor coverings and fixtures however this is an opportunity not to be missed. A blank canvas ready for a passionate new owner to make this home their own in a beautiful pocket of Indooroopilly. Located just 15 minutes from Brisbane's Queen Street Mall this unit is central, light-filled and a rare find in a popular market.

Call me today for more information or to organise an inspection. Keep an eye out for open homes - First date for inspection set for the 12th of March!

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.