4/164-172 Spence Street, Bungalow QLD 4870

Welcome to unit 4 at 164-172 Spence Street.

Enjoy the secure resort-style living at its best! This is a fantastic opportunity to purchase one of a handful ground floor apartment with a private low mainanace yard in the popular 'Focus On Spence' complex..
This spacious apartment, currently vacant, and ready to occupy is ideal for owner-occupiers and investors seeking a secure income.

Features include:

- Short walk to the CBD from this modern residence
- Fully tiled living areas with high ceilings
- Generous fully enclosed entertaining area
- Bi-fold shutters throughout create a sensational outdoor environment
- Modern kitchen with stainless steel appliances
- 3 generous bedrooms, master with ensuite
- Guest bedroom with private access to courtyard, separate from the master
- Plenty of windows allowing natural light to flow through the apartment
- Day bed with extra storage underneath
- Single security car park with visitor parking
- Sparkling pool area with undercover BBQ area
- Landscaped gardens throughout complex
- Onsite management available
- Well appointed bathrooms and internal laundry

For investors:

Price: $345,000
Rental Appraised: $475 - $510 per week
Rates: $2,700 approximately per year
Body Corporate approximately : $5,029.84 per year

Potential rental Yield for a long term lease: Approximately 5% for a long term lease (Estimate only)
Potential gross rental income for a long term lease: Approximately $26,520 (Estimate only)
Potential to use the unit as holiday letting

Call Claudio now to organise your private inspection now!