Multi-Income Cash Cow in Central Strathpine - Modern Block of 4 Townhomes

Act fast to secure this incredible investment opportunity, which comprises an entire block of 4 contemporary townhomes, positioned less than 150 metres from Strathpine Shopping Centre and only 5 minutes walk from Stathpine train station.<br/><br/>This modern complex features 3 super-sized tri-level townhomes (3-bedroom, 2.5-bathroom, 2-car), plus a completely detached 2-level house (4-bedroom, 2.5-bathroom, 2-living areas, 2-car). The complex was designed to include a high level of finish, provide massive internal proportions and offer absolute convenience to retail, schools and public transport (bus and rail).<br/><br/>The complex was built circa 2011 and is positioned on an 873sqm block. The townhomes aren't currently strata titled, but there is scope for a buyer to add value by doing this in the future if desired (STCA).<br/><br/>Assessed market rents for the complex total approximately $128,440 per annum or current rents are approximately $115,440 per annum with some lease renewals fast approaching.<br/><br/>The townhomes are all large in size and finished with neutral paintwork, quality flooring, quality appliances, air-conditioning and attractive central timber staircases. The dual car accommodation for each unit is an ultra desirable feature, despite the complex being within walking distance of everything.<br/><br/>The location could not be more convenient or desirable for investors or prospective future tenants, with Strathpine Shopping Centre at the end of the street (150m), the retail heart of Strathpine just around the corner, some excellent schools close by and Strathpine train station within short walking distance. This is a high growth Brisbane north location that provides easy access to the Brisbane CBD, Sunshine Coast and Airport.<br/> <br/><br/>Key Features:<br/>• A contemporary complex, that includes 3 tri-level townhomes and a detached 2-level house, built circa 2011<br/>• 3 x 3-bedroom, 2.5-bathroom, 2-car townhomes<br/>• 1 x detached 4 bedroom, 2.5-bathroom, 2-living area house with a double garage and sizeable backyard<br/>• The townhomes are all incredibly spacious and a finished to a high standard<br/>• Assessed market rents of approximately $128,440 per annum<br/>• Current market rents of approximately $115,440 per annum with some lease renewals <br/>fast approaching<br/>• Long-term and reliable tenants with a very low turnover. There is also upside in the current rents.<br/>• The apartments are separately metered for water and electricity<br/>• The townhomes are not strata titled and there are no body corporate fees. Buyers may look to strata title and sell the townhomes individually in the future (STCA).<br/><br/>For further information or to arrange your inspection, please contact DANIEL WATERS.