This contemporary 3-bedroom townhouse offers the perfect blend of modern living and convenience, nestled in the vibrant community of Richlands. With a generous land area and a well-designed floor plan, this property is ideal for families, first-home buyers, or investors looking for a prime opportunity with great rental returns.
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.
Key Features:
- 3 Bedrooms, 2 Bathrooms and 3 Toilets
- 2 Split air conditioners (lounge-dining area and master bedroom)
- 2 Built-in desks (1 in lounge-dining area and 1 in a bedroom)
- 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 an onsite manager
- Council Rates: $500/qtr
- Body Corporate: $1,040/qtr
- Water Bill: $350/qtr (reimbursed when tenanted)
- Currently tenanted
Surrounding area:
- Richlands Railway Station – 600m
- Shops and restaurants – nearest hub is 500m
- HomeCo Richlands & Fresh & Save Richlands – 1.4km
- Richland’s Country Market – 500m
- Richlands Square – Marketplace – 650m
- Richlands Plaza – 1.8km
- Richlands Home&Life precinct – 400m
- Schools – 5 within 2km radius
- Child care centres – 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 for units for past year is over 25%*)
- Water consumption paid by tenants as the premise is metered and water-efficient certified
- Good long-term tenants who take good care of the unit and have never missed a rent payment
- Routine 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
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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 % |
10/280 Government Road, Richlands,
Queensland, 4077