4/122 Ridge St, Northgate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 129m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
This beautiful unit is your next great investment! The tenants are currently paying $335 per week on a lease that expires 27/05/2016, so you will have little to worry about when you take it over. The unit has low Body Corporate fees of $455 per Quarter and has a 'HEALTHY' sinking fund of over $39,000 as of the end of August 2015.
The property is about a 2 minute walk from the train station, with only a short trip into the CBD. Perfect for anyone that works in the City and commutes or just someone that wants to take advantage of the HUGE changes happening throughout Northgate & Nundah. Recently Nundah as enjoyed a big change with new restaurants, bars and retail shops opening to support the growth.
The unit is air-conditioned and only a few years ago received a makeover. It is also complimented by a large garage, which offers a laundry setup to maximise the space in the living areas. This is a property you cannot miss, so call us today to arrange an inspection. We must has a minimum of 24 hours' notice for all inspections with respect to the tenants.
'What the Owner saysn Since owning the property we have never had any trouble securing tenants. We were first attracted to the area as there is substantial growth around the train line. This property being so close to the train station was an obvious positive as CBD continues to grow.
We are selling the property as we are retiring and moving further north. This property will go towards the one we are currently building!
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