67 Cascade Street, Raceview QLD 4305

Here is your opportunity for your next investment to make a real difference to someone else's retirement.

These low set brick Villas are situated in a modern over 55's living village and are currently rented with long term tenants. Demand for units within the village is high, and at times there is a waiting list of tenants looking for quality low maintenance living and long term leases.

The price is $120,000 for two separate bedsits which are on the same title.

The rates are approx.
$345.00 per quarter with discount or $375 per quarter without (for both units). The Urban Utilities (water) is approx. $ 240 per quarter.

The body corp. is approximately as follows:
Admin fund $1131.00 per quarter Sinking fund $100.00 plus GST. per quarter. This is not each, this is for both.

The tenants are paying $370 per fortnight, per bedsit. And will be increasing to $375 per fortnight on renewal of leases. The tenants pay $24.00 per fortnight for their electricity as they are not metered separately.

The units are currently managed by the on-site mangers but you can appoint your own if you wish or manage them yourself.


This immaculate facility is set amongst resort style surrounds, with landscaped gardens and ample green and lifestyle spaces. Other facilities include a communal dining area and two recreational areas, meals can be purchased and enjoyed in company. There's also a linen service available and on site manager.

The inside of these units are modern, with air-conditioning, kitchenette, security screens, and a good sized bathroom.

With a gated entrance to the village the residents feel safe and secure. The village has a bus stop at its doorstep with shops just a short distance down the road, while a trip to Ipswich CBD, Major Shopping Centre or the medical precinct will only take a few minutes.

1 bathroom in each bedsit
Open space for bed, table and TV
Kitchenette
Air-conditioning
On site Manager
Communal dining and lounge area
Linen and Meal Service available for residents
To arrange an inspection or for more information please contact Allison Brennan at First National Action Realty Ipswich.



DISCLAIMER: First National Action Realty has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.