53 Svensson Street, Svensson Heights QLD 4670

Disappointed with your fixed term deposit? Maybe it is time to invest! And what better way to do so then an 8.42% yield property!

Conveniently situated in Svensson Heights on a 819m2 block, sits this block of 4 units - all currently tenanted and returning $760 per week in rent as follows;

Unit 1 is currently tenanted at $200 per week with a lease until 15/12/2020.

Unit 2 is currently tenanted at $180 per week with a lease until 24/11/2020.

Unit 3 is currently tenanted at $180 per week with a lease until 11/02/2020.

Unit 4 is currently tenanted at $200 per week with a lease until 10/08/2020.

With rates at approximately $3,800 per half year and current insurance of $138 per month - while sitting in a sort after location within Bundaberg - this complex is well worth your consideration with the following features;

Unit 1
Two bedroom unit has timber floorboards throughout with a large tiled eat in kitchen featuring a gas stove. Ceiling fan in the main bedroom and lounge room having ceiling fan and air conditioner. Semi renovated bathroom with shower over full bath tub and the laundry is in the bathroom to the side. Neat front deck overlooking the front fenced yard.


UNIT 2 & 3
Neat 1 bedroom air-conditioned unit with wooden. It boasts a simple floor plan with a eat in kitchen with gas stove, spacious living area and a free standing wardrobe in the bedroom, along with a spacious front deck. The unit has a shower over bath tub in the bathroom with a seperate toilet and the communal laundry is located to the rear of the unit complex while connection taps are also in the bathroom. The property also offers an undercover carport to the rear.


UNIT 4
Wooden floors, spacious living area and air-conditioning in one of the 2 bedrooms while both bedrooms have free standing wardrobes. The home has a modern shower over bath tub in the bathroom with separate toilet and a laundry to the rear of the unit while connection taps are available in the bathroom. The property also offers 1 of the carports to the rear.

Extra features:

External communal laundry area and clothes lines
3 bay car port

Call, text, or email Ainsley Driver Team today to arrange a private viewing of this property.