32/26-38 Petersen Road, Morayfield QLD 4506

Welcome to 32/26-38 Petersen Road, Morayfield.

Located in the quiet & well maintained Northfields complex on Petersen Road, this 3 bedroom, 2 bathroom townhouse is currently tenanted long term representing a fantastic & affordable investment opportunity with a strong gross rental return of approx. 5.68% per annum.

Downstairs features include;

> Air conditioned lounge room upon entry
> Spacious kitchen overlooks the backyard & tiled dining area
> Kitchen features Westinghouse appliances including electric stove/oven & dishwasher
> Single pantry & broom cupboard
> Separate laundry with toilet
> Single remote lock up garage with internal access to the home
> Security screens & doors throughout
> Gas hot water system
> Covered back patio area overlooking low maintenance backyard
> Superb location within the complex with no rear neighbours & a beautiful green outlook from the back patio

Heading up the internal stair case, features include;

> 3 x bedrooms all with built in robes & ceiling fans
> Air conditioned master bedroom features a front balcony, large walk in robe & ensuite with shower, toilet & vanity
> Spacious main bathroom with shower over the bath, toilet & vanity
> Brand new carpet upstairs
> Single linen cupboard

The Northfields complex is 14 years young & consists of approx. 50 townhouses, majority of which being owner occupied. The complex is well maintained by a full time care taker & offers excellent security with a front gate & CCTV system.

Your tenants already love having access to the stunning in-ground swimming pool that also offers an under cover meeting area & small in-door gym.

Body corporate admin + sinking fund contributions = Approx. $625.00 quarterly or approx. $2,500 per Annum.

As mentioned above, this townhouse is currently tenanted long term, with excellent tenants in place paying $470.00 rent per week with a fixed term lease in place until 30/01/2025. This equals a very healthy, gross return on your investment of approx. 5.68% at this asking price.

Convenience is a huge feature for this resort-style complex being within walking distance to Morayfield Shopping Centre, Morayfield Bunnings, Multiple primary/ high schools & childcare centres. A further 10 minute drive for you to access the Bruce Highway for commuters to find yourself in Brisbane city within the hour or Sunshine coast within 45mins.

This property is competitively priced and is expected to sell quickly. Be sure to register your interest direct with Jarrod Willis today on 0402 164 516.