52/306-310 James Street, Harristown QLD 4350

Here is an opportunity to invest in a low-risk, residential accommodation sector offering above average returns and almost 100% occupancy. Independent and private lifestyle accommodation for Over 55's is in high demand and are always rented with waiting lists. Oxford Crest is a community of 71 units designed for single and married couples to enjoy a relaxed and assisted lifestyle.

The Oxford Crest Toowoomba complex is located opposite the Clifford Gardens Shopping Centre and is only 2.5km from all the services of the CBD. The complex offers residents comfortable accommodation and independence, but also provides a Meals Service if required. Village features available to tenants include an air-conditioned clubhouse with a dining room, lounge and library. The many daily activities include bingo, lawn bowls, karaoke, card games and movie afternoons. The warm and inviting community makes the property incredibly desirable for tenants, hence the waiting lists for occupation.

The complex is managed by the aged care provider, Eureka Villages and includes an on-site live-in manager. The demand for quality and well managed Over 55's accommodation continues to grow, making long-term investment secure, with reliable income.

Unit 52, Oxford Crest Toowoomba at a glance:
* 1 bedroom / 1 bathroom / lounge / kitchenette
* Rent - $570 per fortnight
* 12-month lease – Expiry 31.03.2025
* Reverse cycle A/C to lounge/kitchenette
* Security grilles to all windows and doors
* Over 55's village with on-site management
* Communal Clubhouse and shared carpark
* Council Rates: $1,155.18 and Water Access: $331.98 (net half year)
* Body Corporate Charges: $1,603.90 per quarter

Inspections are available by appointment only. Contact Damian Borger (0408 083808) of Zing Property to arrange a viewing.