65/8 Milan Street, Ellen Grove, QLD 4078

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Sold

Sold for $252,000 (Dec 23, 2020)

INVESTMENT OPPORTUNITY OR PERFECT FIRST HOME

Looking for a great cash flow positive investment or a comfortable home? Either way this stunning property would be a great buy!

Built in 6 years ago, this modern townhouse is located in the Woogaroo Green complex in the much sought after Forest Lake precinct. It is in a quiet, convenient location just a stroll to schools, childcare, shops, and express bus to the city and the popular Forest Lake recreational and environmental area, and with ready access to major highways.

Features include:

• Locates in local best school-Grand Avenue School-catchment

• Walking distance to bus stops, local shops, local schools, childcare

• Minutes driving to access to major highways, such as M5, M7 and M2

• Solid steel frame construction with Colourbond roof

• Three spacious bedrooms all with built-in wardrobes and ceiling fans.

• Two tiled full bathrooms upstairs and an extra toilet downstairs

• Spacious, tiled, air conditioned, open plan living and dining area

• Modern kitchen with stainless steel appliances including dishwasher, multi-function oven, ceramic cook-top, range hood, as well as pantry and plenty of cupboards.

• Spacious internal laundry

• Single remote-control lock-up garage with internal access.

• Fully security screened and energy efficient

• Fully fenced backyard with covered pergola

• Dedicated, friendly on-site managers in place to keep the complex well-maintained

Financial Benefits:

• Wonderful long-term tenant in place paying $360 PW

• Gross yield over 6%

Don’t miss your opportunity to own this great value townhouse! Contact the Onsite Manager Kevin on 0405 416 826 to book in a Private Inspection.

Pictures are for display purposes only and not necessarily of the actual listed unit but of a very similar unit.

Data.profile

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Property Info:
  • Property ID: L918652
  • Property Type: Townhouse
  • Garages: 1
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R&H Suburb Profile: Ellen Grove

R&H Suburb Summary Houses
Number of sales 18
Average Price $492,938
Median Price $297,500
Median Rental Price $350 p.w.
Change in Rental Rate (5yr) 10 %
R&H Suburb Summary Units
Number of sales 12
Average Price $257,542
Median Price $253,000
Median Rental Price $340 p.w.
Change in Rental Rate (5yr) -6 %
Ellen Grove, QLD - Median Trend
$297,500