45/5-9 Grant Road, Morayfield QLD 4506

Welcome to 45/5-9 Grant Road, Morayfield...

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

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 almost brand new electric cook top (less then 6 months old) and offers plenty of bench & cupboard space
> Separate toilet, Double linen cupboard & Separate laundry with external access to yard
> Single remote 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.

There would be no concerns in regards to finding a suitable tenant (especially with the demand for rentals being so strong). A rental appraisal has been completed for between $270.00 - $280.00 rent per week which equals a strong gross ROI of approx. 6.08%+ at this asking price..!

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 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.