7/40 Springfield Crescent, Manoora QLD 4870

Facts
Yearly Income = $13,000, less rates and body corporate fees of $4,671 give you a return of OVER 5%!
Investment properties dont come much better than this one. This Townhouse is in very good order and requires no immediate expenditure.
The tenant has been here for over 9 years and wishes to remain. The current lease runs until March 2019 and is returning $250/week in rent. The body corporate fees are some of the cheapest that Ive seen.
The layout is all bedrooms and bathroom upstairs with open plan living downstairs.
The complex is very well maintained and has only 14 Townhouses and a beautiful inground pool.
Location wise it is perfect, it is surrounded by shops, schools, public transport and is only 10 minutes to the CBD.
Property details:
Year built: 1995
Unit size: 88m
Current rent: $250/week
Lease expiry: 15/03/19
Body corporate fees: $2,271pa
Council rates: Approx $2,400pa
Inspection by appointment only.
For further information, call John Pirie on 0400 577 274.