One of the original properties in Stradbroke Drive estate and on an elevated large 1396m2 block of land opposite “Forest Breeze” bushland reserve. Positioned in a cul de sac at the back of the estate giving privacy peace and quiet. A great place to live.
This Sturdy brick and tile family home is fully tiled throughout with carpets to bedrooms and has some great features including -
* 4 built in Bedrooms. Main with walk in robe
* Ensuite has double Vanities and Make up nook
* Main Bathroom large with bath with shower over
* Compact Kitchen with loads of cupboards, Gas stove, Dishwasher and Pantry
* Family room
* Lounge room opening onto the large undercover Entertaining area
* Air con
* Double lock up garage with Double Carport attached
* Bush fire sprinklers on roof
The current tenants are long term and currently paying $420 per week which equates to $21,840 per annum. Current lease expires 23/02/2015 however they would like to continue as tenants for as long as possible.
If you wish to be an owner occupier, it is very possible that the tenant maybe able to vacate the property earlier.
Currently, the return on investment is at 4.16% per annum! Suburb rental yield for the last 12 months is at +52%. This might be your next income generating machine in your investment portfolio!