7/11 Pyranees Street, Calamvale QLD 4116

Here's a great opportunity for shrewd investors seeking a good return or for first home buyers looking to gain entry in to the property market. It needs a little TLC but represents great value compared to other complexes in the area. City bus stop is approximately 500 metres away and Sunnybank Hills shopping centre a few minutes by car. 3 spacious bedrooms (ensuite to master), lounge and dining room, a well appointed kitchen, downstairs toilet and internal laundry make for good buying in today's market. Stable tenants on a 6 month lease currently paying $385 p/w provide immediate rental income realizing a gross return of approximately 6% per annum. Reasonable body corporate fees, air conditioning to the living areas and a shared in ground swimming pool make this a very attractive opportunity for investors and first home buyers alike. Owners are both committed and realistic so don't delay!