Investors, you will have to be quick! This fully furnished, first floor, 2 bedroom, motel apartment in Toowong Villas Apartments is a fantastic investment and is sure to go quickly.

Your next astute investment currently returns $16,500 p.a. and you don’t have to pay body corporate levies!

Additionally, you do not need to worry about occupancy rates. Your income is guaranteed, and increases with CPI, regardless of occupancy rates. This is hassle free! – Simply purchase, sit back, and let the income flow.

Please note that this is an investment property only. This property cannot be owner-occupied.

Hurry! Simon says call today!

Features :

* Guaranteed income, increasing with CPI (currently $16,500 p.a. leased until 30/06/2014 with options to extend)
* Body corporate levies are paid by the motel business
* Air conditioned
* Updated kitchen & bathroom
* Dishwasher
* Fridge & washing machine
* Pool in complex
* Barbeque in complex
* Meeting room in complex
* Ample visitors’ parking
* 72 square metre apartment

City council rates: $275.08 per quarter
Water & Sewerage charges approximately $196 per quarter
45 lots in the complex

Contact Simon Ingram 0410 449 542.

Sustainability Declaration available from agent.