Freestanding Villa, Perfect Investment

Description

An ideal opportunity for the astute investor to purchase a freestanding villa in a small complex of 8 which is leased to the Department of Housing until May 2011. Currently returning $1036 clear per month with a potential 4% increase per annum for the life of the lease ensures this is the perfect example of 'Set & Forget'. Featuring 2 bedrooms with built in robes, open plan living and kitchen area, single garage with internal access and a large bathroom (suitable for wheelchairs) all surrounded by a spacious courtyard. Idyllically located in a sought after, quiet street yet close to Girraween schools and Pendle Hill shops and station will appeal to all buyers. Lease out now and live in later or keep it leased in the future, either way you will enjoy this profitable proposition.