13/14 Le Grand Street MacGregor QLD 4109
$415,000
At just $415k this 8 years old 3 bedroom, 2 bath, 2 car apartment with storage is not going to last. Found across the road from the busway and just a few 100 metres from Griffith University it ticks every investor’s box.
Currently rented at $500 per week, a great return, especially with tax time just around the corner with significant depreciation of over $8,000pa for 2017/2018, 2018/19 and the unprecedented low interest rates and you have all the ingredients for a very highly positive geared investment, returning well over 6%. Excellent repeat tenant.
Boasting:
Contemporary kitchen with granite benches and modern appliances
3 Large, queen size bedrooms
Main bedroom with ensuite and walk in robe
Air-conditioned open plan living, leading out to an east facing 15m2 deck
2 separate undercover secure car garage + separate storage area
Newly painted and carpeted
With one of Australia’s most innovative education facilities Griffith University, just a short stroll away and QE2 Hospital only 5 mins away plus plenty of public transport just on Mains Road with buses going direct to the CBD, South Bank, Garden City and Sunnybank Central, location location location.
Owner needs to sell to move on to another opportunity.