6-8 Greenmeadow Road Mansfield QLD 4122
INSPECT TODAY! CALL 0400833800 - BLOCK OF 9 STRATA TITLED UNITS - RETURNS OVER $163,000 A YEAR - MANSFIELD SCHOOL CATCHMT AREA! GREAT FOR SMSF! GREAT 5-10% YIELD!6-8 Greenmeadow Road, Mansfield
WE ARE PROMPTLY CONDUCTING INSPECTIONS BY APPOINTMENT AS THE PROPERTY MANAGERS FOR THE COMPLEX - PLEASE CALL CARLOS DEBELLO 0413 560 808 TO ARRANGE YOUR INSPECTION.
ALL 9 FOR SALE WITH FLEXIBILITY OF PURCHASE
PROPERTY RETURNS OVER $163,000 A YEAR.
INDIVIDUALLY THESE UNITS WOULD EXCEED $360,000 EACH
COMPARABLE SALES FOR NEWER UNITS APPROX $450+
NOTE; GET IN BEFORE COMPLEX GOES TO AUCTION IN NOV.
ALL 9 UNITS OFFERED FOR SALE BY VENDOR, VENDOR HAS THREE ENTITIES WITH THREE UNITS EACH. YOU CAN BUY ONE TODAY; ONE NEXT WEEK AND ONE THE FOLLOWING WEEK! GREATER YIELD FOR ONE BUYER!
GREAT FOR YOUR SUPERANNUATION PORTFOLIO! CAPITAL GROWTH ASSURED! NO BODY CORP FEES at present. COMPLEX MANAGED BY LJ GILLAND REAL ESTATE - THIS MEANS THAT THE RENTAL RETURN IS INCREASED.
ACTUAL RENT - GROSS FOR 52.2 WEEKS TOTAL - $163K (WHAT A GREAT RETURN FOR SMSF. NOT TO MENTION RENT INCREASES AND CAPITAL GAIN, ESPECIALLY OVER THE NEXT FEW YEARS IN THIS AREA.
MT GRAVATT TAFE A BIG DRAW CARD AND GRIFFITH UNI
BLOCK OF 9 BRICK AIR- CONDITIONED WELL PRESENTED 2 BEDROOM UNITS ON 1072 SQM BLOCK IN THE HEART OF MANSFIELD CONVENIENTLY OPP THE ALDI!!
This Block of Units is located in an excellent location within the Mansfield State School catchment. Close to both Westfield Garden City and Westfield Carindale, parks and walking/bike tracks, this is estate living at its finest.
This Well Located Complex of 9 x 2 Bedroom Unit’s featuring:
•2 Generous size bedrooms with Built Ins & Ceiling Fans.
•Master has Air-Conditioning.
•Air – Conditioned tiled open planned Dining/ Living area with Ceiling fan & access to Balcony.
•Kitchen with Stainless Steel appliances includes Dishwasher & Gas cook top.
•Single lock up garage (Units 1-8)
*Carport (Unit 9)
* 3 Carport Spaces
•Internal laundry with clothes dry in garage.
•Carindale Shopping Centre.
Water & Sewerage:- Approx $290 P/UNIT P/QTR
Rates:- P/UNIT P/QTR
RATES PER ¼ , LAST 10 PER UNIT
This could be increased as present owners have kept rents below achievable prices.
POTENTIAL #YIELD 6-8 Greenmeadow Road, Mansfield is 9 x 2 bedroom Units returning over $162,000 a year and the Owner is looking for a Price Giving the New Investor 5% PLUS YIELD.
These Units if sold separately could fetch $360K to $375K EACH and the Rent has good POTENTIAL to move up 5-10%.
No Body Corp Fees.
LAND SIZE 1072 SQM
BRICK STEEL ROOF
LOCAL GOVT: BRISBANE CITY COUNCIL
*** GROWTH LOCATION
*** PLENTY OF SCOPE TO ADD
***OPPOSITE THE NEW ALDI STORE**
Woolworths Carindale (2.44km)
IGA - Mt Gravatt Qld (2.45km)
Aldi Carindale QLD (2.73km)
IGA - Mt Gravatt Qld (2.79km)
Woolworths - Supermarkets Cnr Logan & Kessells Rds Upper Mt Gravatt Qld 4122>+073343 8699 (2.79km)
IGA - Upper Mt Gravatt Qld (2.83km)
IGA - Carindale Qld (3.03km)
IGA - Carina Qld (3.45km)
IGA - Carina Qld (3.56km)
Woolworths Upper Mt Gravatt (4.08km)
Seton College Secondary Catholic 1.06 km
Citipointe Christian College The Christian Outreach College Brisbane Combined Independent 1.74 km
Nursery Road State Special School Combined Government 2.21 km
Mansfield State School Primary Government 2.37 km
Belmont State School Primary Government 2.58 km
****A yield is only based on income, whereas a return includes capital gains https:/ljgillandrealestate.wordpress****
The complex is central and so convenient to public and private schools, public transport, parks and bikeways almost midway between Garden City and Carindale Shopping Centre's and access to the Gateway and Freeway are only minutes away. Residents can get around easily on the nearby Pacific and Gateway Motorways. Great schools nearby include Brisbane Adventist College, Wishart Primary School, St Catherines Catholic Primary School and Mansfield High School and Griffith University also nearby. This property sits in the Mansfield High School catchment and has bus access to everywhere required. There are also plenty of dining options and parks/reserves in close proximity.
This property is in a great location close to Bulimba Creek Parkland's with bus stop outsite, Moreton TAFE just across Creek Road and Close to Schools. Carindale shops just 5 mins drive & Garden City 10 mins away. The Gateway Motorway is just 5 mins away for express access to Brisbane Airport or the coasts. *****A #yield is only based on income, whereas a return includes capital gains https:/ljgillandrealestate.wordpress*****
Disclaimer: We have in preparing this information used our best endeavour to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective Investors/Buyers/tenants should make their own enquiries to verify the information contained herein.
All information contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiry.
*Important* Whilst every care is taken in the preparation of the information contained herein, L J Gilland Real Estate Pty Ltd will not be held liable for any errors in typing or information. All information is considered correct at the time of printing. Any interested parties should satisfy themselves in this respect.*******
Email this agent
Email sent successfully!
Your email has been sent.
Would you like to get The Real Estate Conversation?
Get new properties in your inbox
Real Estate For Sale in Mansfield, QLD 4122 priced between $250,000 and $470,000