40 Pinegrove Street, Morayfield QLD 4506

Jarrod Willis from Richardson & Wrench Caboolture proudly welcomes you to 40 Pinegrove Street, Morayfield…

This low maintenance property is the ideal set & forget addition to any investment portfolio with excellent tenants already secured long term until May 2024.

Please be aware, if you’re looking to move into this property, it’s not possible before the tenants end of lease date mentioned above.

The tenants are currently paying $550.00 rent per week equalling a healthy gross return on your investment of 4.93% at this asking price.

Property features include;

> 4 Bedrooms all carpeted with double built in robes & ceiling fans
> Air conditioned master bedroom with extra large built in robes & ensuite with shower, toilet & vanity
> Modern kitchen with Caesar stone bench top, walk-in pantry & quality Westinghouse appliances including electric cooktop & dishwasher
> Open plan kitchen overlooks the dining/ family room with air conditioning
> Separate carpeted lounge-room
> Main bathroom with shower, bath & vanity
> Security screens & vertical blinds throughout
> Separate laundry with external access to yard
> Double linen cupboard in hallway
> Double remote lock up garage with secure internal access to the home
> Private outdoor patio area overlooks your low maintenance backyard
> Built in 2016 - Only 7 years young meaning depreciation benefits still apply
> Situated on a low maintenance & private 483m2 block

Located in Morayfield East offering convenient access on/off the Bruce highway for commuters as well as easy access to Morayfield Shopping Centre & both Primary & High Schools.

Neat, tidy, 4 bedroom, 2 bathroom, low maintenance properties, under $600,000 are in huge demand from local & interstate investors. If this property interests you, be sure to view our video walk-through online and contact Jarrod Willis direct via email or phone call to see available viewing times.

Please note: Due to this property being tenanted we are limited with viewing times & wont be conducting advertised open homes as such.