1and2/480 Kingston Road, Kingston, QLD 4114

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For sale

$120,000

Pensioner accommodation with 6% NET RETURNS

Two units under one title gives you great returns!

Located within walking distance to shops and Kingston train station presents this fantastic investment opportunity. Unit 1 has been fully refurbished, new kitchen, new bathroom and freshly painted, while unit 2 presents nicely with wood look vinyl flooring. The complex mainly caters for aged long term tenants and meals can be included in the rent.

- Brick with colorbond roof and designed for low maintenance.

- Size 35m2 (approx)

- 1 Bedroom

- Open Plan Kitchen/Living

- Bathroom

- Rent appraisal – $195 per week for each unit!

- Communal Area

- Shared Laundry

- Small quite complex of 28 units with common room

- Wheelchair access friendly

650 meters to Kingston Train Station

Shops and doctor office are all nearby

1000 meters to Logan Central Shopping Town

Bus stops is 100 meters away

Close to Logan Hospital

Property Info:

  • Property ID: L845892
  • Property Type: Unit
  • Garages: 1
  • Land Area: 72.0 sqm

We Know Your Area

R&H Suburb Profile: Kingston

R&H Suburb Summary Houses
Number of sales 112
Average Price $306,094
Median Price $292,500
Median Rental Price $335 p.w.
Change in Rental Rate (5yr) 3 %
R&H Suburb Summary Units
Number of sales 10
Average Price $215,600
Median Price $198,000
Median Rental Price $300 p.w.
Change in Rental Rate (5yr) -9 %
Kingston, QLD - Median Trend
  • 1and2/480 Kingston Road, Kingston,
    Queensland, 4114