Low Maintenance Living/Investment in Thriving Richlands
Nestled in a quiet part of Richlands with great access to shops, restaurants, major arterial roads and public transport, this well cared for 3-bedroom townhouse is not one to be missed, whether you’re a budding/seasoned investor or young family!
Located within a well-maintained complex, this townhouse is designed with comfort and practicality in mind. It features an open-plan lounge and dining area that flows out to a private undercover entertainment area and a low-maintenance yard, perfect to unwind and enjoy with family and friends. The modern kitchen features a stainless steel dishwasher, electric cooktop and rangehood with stone benchtops and ample cupboard space. Heading upstairs, you are welcomed with three generously-sized bedrooms, all with built-in wardrobes and ceiling fans, offering an abundance of natural light and airflow, serviced by a common bathroom and an ensuite for the master bedroom. The unit has a single lock-up garage, combined with a long-enough driveway to offer exclusive parking for two cars.
Other features/details of this townhouse:
- 2 Split air conditioners (lounge/dining area and master bedroom)
- 2 Built-in desks
- Indoor laundry with toilet
- Fully-fenced yard
- Remote control lock-up garage with internal access
- NBN-ready for super fast internet
- Within a well maintained complex with onsite manager
- Council Rates: $481/qtr
- Body Corporate: $872/qtr
- Water Bill: $420/qtr (reimbursed when tenanted)
- Currently tenanted for $480/wk (increase to $540/wk when renewed)
Surrounding area:
- Richlands railway station – 700m
- Shops and restaurants – nearest hub is 500m
- Child care centres – 5 centres within 2km radius
- Schools – 5 within 2km radius
- Centenary highway – 1.5km
- Ipswich Motorway – 3km
- Brisbane CBD – 20km
To the investors – why this townhouse and why now?
- Low maintenance design ensures minimal upkeep
- Strong rental demand and a desirable location among renters
- Great rental return with a significant growth outlook (annual compound growth rate nearing 10%*)
- Water consumption paid by tenants as the premise is metered and water-efficient certified
- Excellent tenants who take great care of the unit and have never missed a rent payment
- Annual maintenance managed by onsite manager includes termite inspection, pest control, AC check/clean, gutter clean, smoke alarm testing
- Managed by a friendly and proactive onsite manager
Got a property to sell? Contact us for a free Property Estimate
R&H Suburb Summary | Houses |
---|---|
Number of sales | 52 |
Average Price | $946,994 |
Median Price | $720,000 |
Median Rental Price | $645 p.w. |
Change in Rental Rate (5yr) | 74 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 118 |
Average Price | $633,833 |
Median Price | $623,900 |
Median Rental Price | $620 p.w. |
Change in Rental Rate (5yr) | 70 % |
11/280 Government Road, Richlands,
Queensland, 4077