67 Henry Cotton Drive, Parkwood QLD 4214

67 Henry Cotton Drive is a fantastic investment that Must Be Sold either at auction or prior to. This wonderful investment opportunity is in a great location, on a direct bus line and just a short 10 minute walk to the Griffith University and Gold Coast Hospital with Parkwood East light rail station only a short 5minute walk. The light rail currently services Southport, Surfers Paradise, Broadbeach, and also connects with the heavy rail at Helensvale for an express train onward to Brisbane.

Major theme parks and the beaches and attractions of the beautiful Gold Coast are easily accessible with public transport so close by. There is a convenience store 5 minutes' walk away, IGA supermarket and a hotel and restaurants a 10minute walk. Harbourtown Outlet
Shopping Centre with specialty discount shops, Woolworths supermarket, restaurants and cinema only 5minute drive or approximately 10 minutes by bus or pushbike.

This large house consists of 5 fully furnished bedrooms with games and media rooms also fitted out to accommodate tenants. All bedrooms are lockable with built in wardrobes, ceiling fans, large desk and chair, with sheets, bedding and towels currently all provided for tenants. With 3 bathrooms and 3 toilets there is ample room and facilities for each
occupant.

An amazing rental return of $60,000 per annum with the bedroom rental rates ranging between $150 per week up to $240 per week, perfect for an astute investor. There is always a good rental demand with the tenants normally choosing to stay on for long periods of time. This great house could also suit Airbnb opportunities or a large family.

Some of the many features of this comfortable home include:
* House is fully furnished and includes all white goods, electrics,
furniture and soft goods
* Good size kitchen with 2 cook tops and 2 large fridge/freezers
* Open plan lounge room and large sun room
* All bedrooms are comfortably furnished and currently fitted out to
cater to the needs of students, who traditionally rent the rooms
* All bedrooms have ceiling fans and a large air conditioner is in the
lounge room that effectively filters through to all rooms if doors are
left open
* The master bedroom has a queen bed, built-in desk/bench,
chair/s, double built-in wardrobe, 2 internet stations and an ensuite
with shower and toilet
* Internet is 2 x 1000GB wireless systems, with NBN fibre to the
curb scheduled for early 2020
* 6kw Solar Power System installed
* Fully insulated and security screened
* 2 outdoor covered entertaining areas
* Grassed flat yard
* Garden shed for extra storage
* Off street car parking for 4 vehicles

All this plus much more...

The current owners have achieved excellent returns in the 10 years they have had this investment property with the turnover over the past 2 years being over $60,000 and currently on track to achieve this again in this financial year. With the house being in such a great location and in high demand, that is very likely to increase over the coming years. A pre-sales pest and building inspection, showing the property is in "above average" condition, has recently been undertaken by an independent company which is available to purchasers as well as all information and lease documents that are used to help the purchaser take over the management of the house. The sellers offer to continue managing the house for 3 months at no charge if the purchaser wishes.

CONTACT THE AGENT TO INSPECT THIS PROPERTY.

Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.