4 x ensuited bedrooms - 7.5% rental return!

Description

The Mackay property market is experiencing extremely high rental returns & this property is an opportunity for you to cash-in!! As an example even at $550k purchase price, rental return sits at a mighty 6.8%....how many other properties produce that sort of return???

CHOICES, CHOICES, CHOICES:

Option1 - rent out each of the 4 x ensuited bedrooms for $250 per week.

Option2 – leave things as they are & enjoy current weekly rent of $720 per week or bump it up!

Option 3 – live in one of the ensuited bedrooms yourself & use the rent from the other 3 x ensuited bedrooms to pay off your mortgage!

Option 4 – have an extended family? How does 4 x ensuited bedrooms sound to keep everybody happy?

Cleverly designed properties like this are as rare as hens’ teeth.

The minute you walk into this lovely townhouse, you will fall in love with the natural light that brightens up the home. You will find an entrance hall, leading to the lounge-dining area with built in cupboard. The powder room/toilet adjoin the dining area.

The open-plan kitchen has ample workspace and storage. The appliances are of good quality, which include a dishwasher. A big sliding door opens up to the patio with small, low-maintenance garden which contains a garden shed, clothesline and rainwater tank.

When you go upstairs, you will find 4 good-sized bedrooms, all with en-suites. The main bedroom has two large built-in robes. The other three bedrooms all have walk-in robes plus another small built-in cupboard. The bedrooms are carpeted and with ceiling fans and aircons in each room. All bedrooms are independently lockable for added privacy.

The double remote-controlled lockup garage is accessible from the entrance hall. The property also has a private open-space parking, together with ample street parking.

The other appeal of this property is its location, being right next door to Mackay’s only racetrack. It is a 6-minute bike ride from the Central Queensland University, walking distance from Woolworths/McDonalds/dentist, service stations/bakery/pharmacy. A short 6-minute drive (3.8km) allows access to Mackay’s largest industrial hub, Paget, where literally thousands of people work. Few minutes to the CBD.

This opportunity is not to be missed!

The new owner will be presented with a depreciation schedule for tax-time accounting purposes on settlement.

Contact the agent today to arrange your inspection!