Unit 35 & 36/12 Yeates Crescent, Meadowbrook QLD 4131

Why have one investment property when you can have two! Yes you read it correctly you are purchasing two villas. These fantastic over 50s retirement villas offer a safe and secure complex for retirees to kick back, relax and make friends with the friendly residents at ae Villas Meadowbrook.

Conveniently located in the heart of Meadowbrook and within walking distance to many local amenities including Meadowbrook Shopping, Meadowbrook Shopping Village, cafes, Edenlea Park, Logan Hospital, public transport and only a short drive to major motorways, Brisbane CBD and the Gold Coast. The position couldnt get any better.

Each villa offers one good sized bedroom and ensuite which opens up onto an open plan carpeted living and dining area with a quaint sized kitchenette, leading outside to your own separate courtyard.

The wonderfully maintained complex also offers a communal dining and living room which opens up to a vast covered entertainment area. The communal kitchen is complemented by a chef who prepares lunch and desert meals for the residents Monday to Friday at a cost of $40 a week.

You are purchasing 2 properties at $80,000 each with a combined rental return of $450 a week, achieving an approximate 14% yield which is an amazing opportunity not to miss out on!

FEATURES LIST:
Unit 35 & 36
Brick exterior with colorbond roof
Front veranda
125 Litre electric hot water system
Vertical blinds throughout
Termite barrier
Reverse cycle air-conditioning living area
Open plan carpeted living and dining with sliding door access to courtyard
Kitchenette with shelving and cupboard space, bar fridge space, microwave space and sink
Carpeted bedroom with ceiling fan and single built-in robe
Ensuite with hand rails
Paved courtyard with patio
Electric security gate
Communal kitchen, dining and lounge
Outdoor entertainment area
Onsite management and caretaker
38 Units throughout
On street parking
Pet friendly

DISCLAIMER:
Please note: Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours of an advertised open home. Therefore confirmation of all open home times with the listing agent is advised.