Fantastic Opportunity for the Astute Investor

1-4/21 Myles Street, Lawnton, 4501

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1,300,000 AUDEst. Mortgage: AUD 9,135/monthFor Sale
  • Ownership Type Townhouse
  • Property Area 855 sqft
  • Bedrooms 12
  • Bathrooms 8
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Balcony
  • Courtyard
  • Fully Fenced
  • Outdoor Entertaining Area
  • Garage: 4
  • Remote Garage
  • Air Conditioning
  • Built-in Wardrobes
  • Dishwasher
  • Toilets: 4

Property Overview

Offered to market for the first time since their completion in September 2015, this modern, boutique complex of four modern townhouses will make a wonderful addition to your portfolio.

The property has not been individually titled and with no body corporate management in place and all four townhouses leased to excellent tenants, your holding costs will be minimal.

Situated in a quiet and tree-lined street, this complex is an easy walk to major transport, and retail infrastructure, the new USC Moreton Bay University, Westfield Strathpine are just an easy drive away so on-going tenancies will be guaranteed.

The modern townhouses offer unique floorplans with Townhouses 1 & 2 as mirror opposites of each other, and Townhouses 3 & 4 as mirror opposites of each other, and each townhouse includes a fully fenced courtyard and alfresco area.

Despite the varied floorplans, all townhouses consist of the same internal features:
Fully tiled with high ceilings downstairs and carpeted upstairs with security screens, modern blinds, and LED downlights throughout
Air-conditioned open-plan living and dining
Large kitchen with stainless steel dishwasher and electric cooktop
Three large bedrooms - master bedrooms all include ceiling fans, air-conditioning, large ensuite and either mirrored built-in wardrobes or walk-in wardrobes. Bedrooms two and three each include ceiling fans and mirrored built-in wardrobes.
Main bathroom and separate toilet
Upstairs linen cupboard and under-stairs storage
Single remote lock-up garage with additional powder room and internal access
Laundry is hideaway-style off the kitchen in townhouses 1 & 2 and in the garage in townhouses 3 & 4.
Fully fenced private courtyard and undercover patio area

Rental Details as follows:
Townhouse 1: $1,433.93 per month income, leased until 18/01/2021
Townhouse 2: $340 per week income, leased until 01/03/2021
Townhouse 3: $330 per week income, leased until 02/08/2021
Townhouse 4: $335 per week income, leased until 26/10/2020

Call now for this amazing opportunity! Inspections will be conducted by appointment only.

Year Built: 2015
Total rental yield: $69,207.32 p.a.
MBRC Rates: $1,634.40 per quarter
Unity Water: $1,800 quarterly
Origin Electricity: $112.17 per quarter (approx) for common area usage
Community Power: $100 per quarter
Block Size: 855m2

School Catchments
Prep to Year 6: Lawnton State School
Year 7 to Year 12: Pine Rivers State High School

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Location on Google Map

1-4/21 Myles Street, Lawnton, 4501

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