9/435 Coronation Drive, Auchenflower, QLD 4066
Type of Property: Apartment
Reason for Purchase: Investment Property
Address: 9/435 Coronation Drive, Auchenflower, QLD 4066
The clients were looking for a high yielding investment to assist with cash flow for when they retire. Cohen Handler were able to negotiate the property for $300,000 and it will be long term rented for $400-430pw showing a 7.2% gross yield. Very high for an inner city suburb, such as, Auchenflower.
About the Property:
Savvy Investment at 7.4% Yield!
If you work in the CBD it is very important to get rid of your car and travel to the city or surroundings in just a few minutes by train or bus. The good news is that this well sized entry level apartment will give you this chance at a very affordable price.
This is a fantastic fully furnished apartment located in a five storey building just a few steps from the bus stop, a short stroll to the Auchenflower train station and the Regatta Ferry wharf. It features an air-conditioned combined lounge and dining areas, an open plan kitchen with electric appliances and a balcony. The apartment is very quiet as it faces the rear of the complex.
Two well sized carpeted bedrooms with built-in wardrobes and air-conditioning complete this smart layout. The modern en-suite master bedroom and second bedroom are located on each sides of the lounge area, so people can keep their own privacy in case you were thinking of renting a room. The main modern bathroom showcases a laundry area including washing machine and drier.
Enjoy living in the sought after location of Auchenflower, across the road from The Wesley Hospital, close to Park Road Cafes & Restaurants, The Regatta Hotel, Suncorp Stadium, Indooroopilly and Milton State School catchments. Only 3.8Km to the CBD, and within easy reach to Toowong Village shopping centre.
- On site management facilities & reception area
- Under cover car space
- Outdoor balcony
- Secure building
- Fully furnished Inventory list on request
- Internal laundry & storage space
- Rental appraisal $430-$450 p/w