14 July 2011
4 x 2 Bedroom Executive Investment
50 QUEENS ROAD HERMIT PARK $750,000 Neg
Located within 5 minutes to the City, 2 minutes to the Hermit Park Shopping precinct, this block of four 2 bedroom executive flats offer a premium investment opportunity currently returning a combined gross rental of $59,280 PA.
Already configured for possible strata development, each flat offers modern and bright fittings with built-in wardrobes, spa bath and two way bathroom, split air conditioning throughout, arch ceilings and bulk heads upstairs, kitchen complete with electric stove and oven, open plan living and dining, combined patio/deck and laundry and feature security screens and fans throughout.
Each flat is accessible by security door and screens. The top two flats, with private balcony and deck, are accessible by internal polished timber stairs. Carports, storeroom and laundry with dryers are features of each flat also. The property is landscaped with garden edging and irrigation, fully fenced with security gate at the front driveway which is hard stand concrete to the carports located at the rear of the block.
An excellent opportunity for the astute investor, this premium set of flats present a solid rental return and an asset in very good condition to maximise your net earnings with capital growth potential.
• Block of four 2 bedroom executive flats with spa bathrooms
• All feature 2 bedrooms, 1 two-way bathroom, 1 car accommodation and storage
• Opportunity for new owner to strata title
• Currently returning gross rental of $59,280 PA
• 809 sqm allotment, 317.44 sqm under roof area, 69 sqm carports and 54.4sqm outdoor
• Close to transport, parks, shopping precinct and 5 minutes to City
A copy of the Sustainability Declaration is available upon request.
Contact Aaron on 0414 590 110 for more information.