4/239-241 Lyons Street, Westcourt QLD 4870

Money earner investment, conveniently located steps from Coles, DFO, cafes, retail outlets, shops, gym and public transport. An easy apartment to add to your investment portfolio, 1 bedroom, 1 bathroom with off street car space (not covered). Located on the 1st floor this 45m2 apartment has cooling breezes and lots of natural light. There is a 9m2 lockable storage room located on the ground level. Rental return of $190 per week, ROI 9.1% approx. Desirable location only 8 minutes to the CBD & 11 minutes to the airport.

Inspections available only from 17.1.2021 due to Tenant with compromised health condition and Covid precautions.

Fixed Tenancy Agreement to 14.1.2021 $190 per week. Was previously rented for $210pw, owner reduced the rent during Covid and for inconvenience of the property being For Sale. Can eventually increase rent to $210 per week, ROI 11%.
Number of units 10
Body Corporate Fees $2,500 aprox pa
Council Rates $2,500 aprox pa