Better than 6.2% return with a long term tenant in place. These 3 bedroom townhouses in Paradise Heights are much sought after and rarely available. Private backyard with deck providing an ideal place for a little peace and quiet. No neighbours over the back fence.
Complex offers 2 swimming pools, 2 BBQ areas, Tennis Court and children’s playground and lots of visitor parking. The prime location next to 3 prestigious private schools is much sought after. Hillcrest Christian School and Gold Coast Christian Schools are just next door and Kings is just around the corner.
If you ever want to leave this Paradise the Varsity Lakes train and bus stations, as well as shops, including Woolworths and Zarraffas, are all within walking distance and Robina Town Centre is just 1 exit down the motorway.
If you are looking to invest the attraction for tenants is equal to that of owners. Very strong rental demand from families with children in the adjoining private schools means vacancies are rare. Returning $360 puts the rent return over 6.2% with a long term tenant locked in until late February next year. Lock in now before the rising Brisbane prices ripple out to the coast.