Chermside, QLD 4032
Type of Property: Townhouse
Reason For Purchase: Investment Property
Address: 3/19 Western Avenue, Chermside QLD 4032
The client being based in Sydney was unimpressed by the overpriced market and found interest in the affordability of the South-east Queensland market. In saying this came confusion with the oversupply of development and which suburbs to target. He used our services to decipher the marketplace and to target properties with good return and high opportunity for growth. Within 3 weeks we purchased a townhouse which returns 5.3% p/a in the suburb of Chermside.
About The Property:
Fantastic buy in an excellent location!
Built in 2006 it offers a great kitchen with timber floors, modern appliances and plenty of bench space and storage.
Family sized air-conditioned and tiled living area with high ceilings that flows onto a private courtyard.
Double-sized bedrooms with built-in wardrobes and main with an en-suite and air-conditioning.
Super handy position with easy walk to city bus and be in the city in 20 minutes, moments from Chermside Shopping Centre and the two new Chermside hospitals.
Other features included;
- Built-in wardrobes
- Private courtyard
- Timber staircase
- Rented income $430 per week
- Rates $329, water $308
- Body corporate at $815 per quarter