60/66 University Drive, Meadowbrook QLD 4131

If you are interested in positive cash flow, then these apartments maybe suitable for you. The current owner is looking at retiring and would like to sell their investments. I have two for sale in this complex. One of the units is a ground floor and has a good size courtyard and the other has a balcony overlooking a courtyard.

Each unit has 4 bedrooms, with individual ensuites, ceiling fans and study nooks. The open planned living area has kitchen, dining and lounge room. The laundry is next to the kitchen. The common shared area has a furnished lounge/dining room, kitchen, laundry and an outdoor courtyard or balcony. Each apartment is equipped with a washing machine, clothes dryer, fridge, vacuum cleaner and microwave.

Each room is achieving either $195 per week or new leases are paying $200 per week. These units are for Uni students or a single worker only, you can’t buy and live in. All rooms come completely furnished. They can walk to the Uni, Tafe or the bus stop is at the front of the complex. Also close is a shopping centre, railway station, Hospital and the Motorways.
The complex has resort style facilities including a Swimming Pool, Tennis court a large Pavilion with table tennis, pool table, gym equipment and entertaining areas set up with table and chairs, or lounges and a TV.

The yearly body corp is just over $4200 and rates which includes water is approx. $1200 per quarter. You’re your chance to view, please contact me and I will be happy to arrange a day between 10 am to 3 pm only