54 37 Mulgrave road Marsden, Marsden QLD 4132

For all property investors, this modern, independent townhouse has a proven track record as a low-maintenance, positively geared investment and would make an excellent addition to your portfolio. It attracts quality tenants and returns over 7% rental yield! Either way, you look at it - first home owner or smart investor - this property represents money in your pocket.
The Complex The Approach in Marsden is a modern, private estate of 107 townhouses, built in 2014. Well maintained and with on-site managers, it boasts comprehensive security, complete with video surveillance. The abundance of communal areas encompasses a large inground pool, parks, and open green spaces. The Townhouse The new owners will appreciate the townhouse's minimal maintenance requirements and fantastic features:

--Modern kitchen with stainless appliances
- Air-conditioning Aircon in the living room
- Massive main bathroom with bath
- Master bedroom with generous balcony
- 3 spacious bedrooms with built-in robes and ceiling fans
- Additional downstairs toilet
- Private laundry and clothesline
- Lock-up private garage and additional driveway parking
- Gas hot water system
The list of outgoing is as below:
Levy: $700/quarter
Sinking funds: $300/quarter
Rates: $530/quarter
Water: $250-350/quarter (Depends on water usage)
(fees subject to change)
Currently leased at $415 per week till May 2023

The Location The townhouse is situated at the corner of the complex, very spacious and private courtyard. It's directly across from a beautiful park and just a few doors down from the swimming pool. The complex is conveniently positioned near schools, shops and public transport. Don't miss your chance to add this outstanding townhouse to your property portfolio or move in with the kids and enjoy resort-style living.