38/35 Morrow Street

Taringa QLD 4068

Available Now! Investment Gold Mine, Huge Returns!!
This unit was under contract, but the buyer's loan was not approved, so it's back on the market but likely for only a short period of time because this one is popular! Presenting an exciting opportunity for those savvy investors looking for a quality, high returning and popular investment, ready to just set and forget. Renting for a whopping $620 / week, this unit is never vacant and provides a highly desirable lifestyle for students and young professionals. Making use of elevation and with a sunlit northern aspect which boast full city views. The complex offers and array of facilities including two pools, BBQ's, and a gym, all maintained by the full time on-site manager. Located in the heart of Taringa, just 2 minutes walk to the train station, 5 minutes drive to Indooroopilly and Toowong shopping centres and the University of Queensland, no wonder there's rarely a vacancy! As an investor, it really couldn't be easier to watch your money grow from knowing you've chosen the best unit to keep it growing for many years to come. Features: * Great returns - approx 6.4% gross yield per annum * 3 bedrooms - Main features private balcony, ensuite & ample built-ins - 2nd & 3rd bedrooms feature direct access to main balcony, ceiling fans and built-ins * 2 bathrooms * Single secure car space * Low vacancy rate * Full time on site managers * Expansive, partially covered NE facing entertainer's deck * Direct city views * Air-conditioning in living/kitchen area * Internal laundry * Carpeted throughout * Functional kitchen with breakfast bar * Secure intercom entry with lift access * Complex features 2 pools, multiple BBQ areas, gym and community laundry * Footsteps to Taringa Train Station and buses, minutes from Indooroopilly & Toowong shopping centres and University of Queensland * Currently rented at $620.00 per week until July 2014 Brisbane City Council rates:$1177.24 per annum Body Corporate fees: Approx $4600 per year Year built:2002