36/60-66 Elliott Street, Caboolture QLD 4510

Welcome to 36/60-66 Elliott Street, Caboolture…

Offered to the market for the first time is this Modern 2 Bedroom, 2 Bathroom TOP FLOOR Unit (we have unofficially labelled it the “Penthouse on Elliott”) with picturesque views overlooking Centenary Lakes parkland.

With a very strong rental return & superb location, this more than affordable unit will appeal to an investor of any level wanting to add to their portfolio or a future owner occupier who is looking to move in & enjoy the central convenience to all local amenities.

This top floor unit features;

> 2 Bedrooms, both with ceiling fans & access to the balcony
> The master bedroom also features a spacious walk in robe & ensuite with 2nd toilet
> Open plan kitchen with dishwasher & electric cooking overlooks the combined lounge & dining room
> Air conditioning in the living area & master bedroom
> Main bathroom with shower over bath, internal laundry with clothes dryer included
> Great sized balcony with picturesque views of Centenary Lakes

The four story complex has an elevator and consists of 40 units. As well as access to the visitor car parking, included with your unit is a single secure car park & an additional lock up storage space.

Each unit is individually metered and is water efficient, meaning the tenant pays for all water usage. The unit is currently rented for $280.00 per week with a periodic lease in place however a realistic future rental appraisal would indicate $330.00 - $350.00 rent per week which equals a possible gross return on your investment of 6.52% per annum at this asking price & after increasing to market value rent.

Quarterly Body Corporate & Council approximate costs are as follows & to be used as a guide only;
> Admin Fund = $230.00 p/q
> Sinking Fund = $410.00 p/q
> Council Rates = $464.00 p/q

Located literally at your back fence line is Centenary Lakes which is home to a multitude of sporting activities including; NRL, Netball, Boxing, Tennis, BMX Riding and Lawn Bowls just to name a few. It is also a popular location on weekends for the family to feed the ducks by the lakes or take the dogs to the dog park. With stunning landscaped gardens and well kept parklands, you can see why Centenary Lakes is an asset to our local area and is used frequently by the complex's residents.

It's getting harder to find a modern investment located within walking distance to the CBD for under $300,000 in today's market.

Please contact Jarrod Willis on 0402 164 516 or Scott Lachmund on 0407 789 801 today to register your interest before this golden opportunity is quickly missed.