$75000
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9 Lindsay St, Bundamba QLD 4304

Apartment111

Bricks and Mortar investment property. 16% Gross

Fantastic little investment unit for sale in the Oxford Crest over 50's Village in Bundamba.   

Approx Outgoings
$12870 Rent
$5000 Body corp levies
$2900 Council rates and water
Income expected approx $3600 a year / 5% net

Long term tenant in place. Suit cash investor buyer. Beat the banks or SMSF.

Upstairs Unit with lift access. Long term tenant in place who has looked after the property extremely well.

The advantage of this type of investment is that like this tenant, most of these properties are rented to age pensioners who are assisted by government. Another bonus is that once a tenant moves in they often stay 5-10 years so you aren't paying relet fees to the agency, which reduce your returns.

The one bedroom unit has reverse cycle air conditioner / heater in the main living area which includes a kitchenette. Large separate bedroom and bathroom with own washing machine and laundry tub.

This is your opportunity to invest in property that produces an income without having to outlay hundreds of thousands of dollars.

Please call the agent Daniel Scanlan to discuss further 0499 227 551

Features include: Air conditioning,Bath
Can I afford this property?

Inspections

No open inspections scheduled.

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Contact Daniel Scanlan to learn more about this property, request an inspection or take an online tour.

Key details

Property Type:Apartment

Past sales

Property History
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Furtado Property

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Property history
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You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
09 Aug 2016
Sold
Furtado Property
Listed: 10/05/2016
Transfer type: Full transfer
22 Jan 2016
Sold
Furtado Property
Listed: 03/09/2015
Transfer type: Full transfer
06 Jan 2016
Sold
Furtado Property
Listed: 19/08/2015
Transfer type: Full transfer

Suburb and property insights

Median salesMedian sales
 
Average Age
36 years
Population
6,514
Bundamba's Property Profile
Bundamba's Occupancy

Contact agents

Furtado Property

Furtado Property

View agency details
Daniel ScanlanFurtado Property
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Listing ID: 179129596. This listing has been viewed 26 times. It was first displayed on 20/01/2021 and last updated on 12/02/2021.