$227,500

2 Bed  •  1 Bath  •  1 Car

Main view of Homely unit listing, 3/85 Queens Road, Hermit Park QLD 4812
Floorplan of Homely unit listing, 3/85 Queens Road, Hermit Park QLD 4812
Second view of Homely unit listing, 3/85 Queens Road, Hermit Park QLD 4812
+8

Sold

3/85 Queens Road, Hermit Park QLD 4812

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$227,500

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  • 1
  • 1

Unit Sold on Mon 12 Aug, 2024

What's around Queens Road

Unit description

“SOLD by Coralie Macdonald”

Welcome to 3/85 Queens Road, Hermit Park, Qld 4812, a modern and well-maintained unit offering comfort, convenience, and a desirable location. This modern unit offers not only a contemporary living experience but also an impressive gross potential yield of 9.16%. With a land size of 90 m², this unit boasts 2 bedrooms, 1 bathroom, and 1 parking space.

Step inside this well-maintained unit to discover its neat and tidy presentation, spacious courtyard, modern kitchen, and stylish bathroom. The vinyl plank flooring and air conditioning throughout ensure a comfortable and appealing atmosphere for tenants.

Located in the sought-after Hermit Park, this property enjoys proximity to convenient shops, schools, and amenities. With supermarkets, cafes, restaurants, and recreational facilities just a short distance away, tenants will appreciate the convenience of this location. Families will also benefit from the availability of reputable schools in the area.

Investors will find this property highly attractive. Currently generating a rental income of $300 per week ($320 in September), this unit offers a remarkable gross potential yield of 9.16%. The low body corporate fees help maximise returns, with an established tenant in place until March 2025, ensuring a hassle-free investment period.

Your Property:
• Modern unit with a comfortable and contemporary living experience
• 2 bedrooms with built-in wardrobes for ample storage
• Recently refreshed bathroom
• Spacious courtyard for outdoor enjoyment
• Modern kitchen with all the necessary amenities
• Vinyl plank flooring for a sleek and durable finish
• Split system air conditioning installed throughout for year-round comfort
• External laundry for added convenience
• Great location in Hermit Park, close to shops, schools, and amenities

Your investment:
• Current rental income of $300 per week, recently resigned for 6 months at $330 per week, starting in September.
• Gross potential yield of 9.16%
• Low body corporate fees - approximately $1,894.15 per half year
• Rental appraisal - $330-$380 per week
• Established tenant in place until March 2025

Don't miss out on this fantastic opportunity to own a modern unit in a convenient location. Contact Elevate Property Partners, represented by Monet Griffin 0403 307 623 and Coralie Macdonald 0413 450 652, to arrange an inspection and secure your future in 3/85 Queens Road, Hermit Park.

Property features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

courtyard

Courtyard

floorboards

Floorboards

outdoorEnt

Outdoor Entertaining

Building details

Area: 90m²

Interactive media & resources

Third view of Homely unit listing, 3/85 Queens Road, Hermit Park QLD 4812View more
Fourth view of Homely unit listing, 3/85 Queens Road, Hermit Park QLD 4812View more

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3/85 Queens Road, Hermit Park QLD 4812
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