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Level Lot / 8/17 Erneton Street

Newmarket QLD 4051

  • 2 Bed
  • 2 Bath
  • 1 Park
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Investment Opportunity – Two Units on One Title - Immediate Dual Income

Perfectly positioned in a central location just minutes from Newmarket Village, public transport and local amenities; within this boutique unit complex a remarkable and unique opportunity is on offer to secure 2 x one-bedroom units on one title earning a dual income.

Built in 2011, this rare offering will appeal to the astute investor seeking a low maintenance investment in a sought-after suburb with low vacancy rates, solid rental return and located just 5kms from Brisbane CBD.

Features include:

- 2 x 1 bedroom, 1 bathroom units
- Galley-style kitchens including fridge and microwave
- Air conditioned in living room with built-in storage
- Washing machine and dryer in bathrooms
- Balcony off bedroom
- Built-in wardrobe, desk plus ceiling fan in bedrooms
- 1 allocated car space
- One title
- Low vacancy rates with current fixed term leases in place
- Current rental return $35,360 pa
- Body Corporate $736.00 approx./qtr
- Council Rates $450.00 approx./qtr
- Walking distance to shops, restaurants, cinema and public transport
- Low maintenance investment

Tenancy details:
- Unit 15 - $340 per week
- Unit 16 - $340 per week – Lease in place until 6/3/2024

Investment opportunities like this don't present often, the minimal vacancy in this complex throughout the past 12 years is a testament to how much the occupants enjoy the surrounding amenities and proximity to shops, restaurants, cinema, public transport along with the short commute to Brisbane CBD and local Universities.

Features

General Features

  • Property Type: Unit
  • Bedrooms: 2
  • Bathrooms: 2

Indoor Features

  • Toilets: 2
  • Airconditioning
  • Built In Wardrobe

Outdoor Features

  • Open Car Spaces: 1
  • Balcony

Other Features

  • Close to Schools
  • Close to Shops
  • Close to Transport

Can I afford Level Lot / 8/17 Erneton Street?

With access to the best on offer from 30 lenders and complete support and advice from pre-approval to settlement, you can trust an Elders Home Loans broker to find a quick and simple solution.

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