3/61 Durham St, St Lucia QLD

Way up above the highest flood level sits this block of only five townhouses located just 800m from University of Queensland campus. This means that it also sits in rental return heaven'the whole area gets a fresh influx every year as graduates leave Uni and the new intake arrives.
Of course, the property also very well suits the astute owner-occupier who is looking to house their student children while they study, then sell years later after significant appreciation, or continue leasing it in a very low-vacancy rental market.

This townhouse is built over 3 levels. A ground- level bedroom and bathroom, large middle level kitchen/dining opens to a nice breezy balcony with a very pleasant outlook to trees. Up top are the 2 other bedrooms with built-ins, and 2 bathrooms. The large main bedroom has the ensuite and its own useable balcony.

Refurbishments include the kitchen, new front door, floors re-tiled, interior paint, carpets.
Currently rented until Feb. 2014

3/61 DURHAM STREET AT A GLANCE:
- 3 level, 3 bed, 3 bath, 1 car lock-up
- Only 5 in the complex
- Elevated position, Flood free
- Refurbished: kitchen, floors, carpet, paint
- Spacious open-plan lounge & dining
- Balconies off living and main bedroom
- Convenience store, restaurants in next street
- Separate laundry space
- Dry storage space
- Leafy paved courtyard
- 100m walk to BCC bus service
- 400m walk to CityCat Ferry to city
- University of Qld. 800m
- 3.5km to Brisbane CBD
Rates Brisbane City Council: $315.00 per qtr
Rates Urban Utilities: $230.00 per qtr
(All distances approximate, direct line)