39/5-9 Grant Road, Morayfield QLD 4506

Welcome to 39/5-9 Grant Road, Morayfield...

A lowset neat & tidy, well presented 2 bedroom, 1 bathroom investment unit offering next to no maintenance & with a very convenient location.

The Tenancy is secured on a fixed term lease until 20/04/2022 at $270.00 rent per week which equals a strong gross ROI of approx. 5.68%+ at this asking price..!

Situated within the pet friendly Bungalows complex of Morayfield with the cheapest body corporate fees we’ve personally EVER seen locally at less than $215 per quarter, not to mention a sinking fund holding that will service future complex maintenance for many, many years to come.

Property features include;

> x2 carpeted bedrooms both with built in robes & ceiling fans
> Bathroom with shower and bath
> Kitchen overlooks air conditioned lounge & dining room
> Kitchen has electric cook top & wall oven and offers plenty of bench & cupboard space
> Separate toilet, Double linen cupboard & Separate laundry with external access to yard
> Single lock up garage with secure internal access to the home + Electric hot water system

An ideal property for investors wanting a unit with extremely low Body Corporate Fees, in a great neighbourhood just a short walk or drive to all the amenities on Morayfield Road, local shops and schools.

Due to the next to no maintenance needed for this property, it would also be a great alternative to the mature aged individual who may be considering a retirement home in the future without all the ongoing costs or obligations involved in bigger properties, not to mention entry & exit fees that are charged in most other complexes.

Also, in case you were curious, apart from extremely low body corporate fees, council rates are only approx. $400 per quarter & water rates are only approx. $320 per quarter (dependent on usage)

Properties in this affordable price bracket will not last long in this hot market so be sure to contact Scott or Jarrod today for more information or to arrange a private viewing.