55/312 James Street, Harristown QLD 4350

This 63m strata titled unit, designed for seniors, comprises 1 bedroom, 1 bathroom with laundry and open plan reverse cycle air-conditioned kitchen/lounge room plus a front courtyard and rear patio. Located in very pleasant communal surroundings, and currently giving around 13.78% return gross (based on a sale price of $100,000) and 6.81% net after Body Corporate fees, management costs and rates are deducted... Now that's an impressive investment!

The unit is tenanted at $13,780 per year. Body Corporate fees are approximately $893 per quarter, Oxford Crest managements costs are $61.50 per fortnight and rates for the year were $1793.24. Do the sums and you'll realise not much in this market is returning these sorts of figures. Be sure to arrange an inspection today you certainly won't regret it.