EXCEPTIONAL RETURN FOR INVESTORS!

Offers over $590,000

Townhouse real estate, Ellen Grove QLD

3 Bed 2 Bath 2 Car Townhouse in our leafy, well manicured townhouse complex available to own.

Currently with tenants in place at $530 per week until 26/01/2026 with exceptional property management on offer for an investor. Current market rate of $550 per week so with income growth on the way.

Building complex is part of the Move Up Internet Network providing speeds up to 1,000mbps at discounted rates, a huge bonus for techies or the work from home crowd.

From the moment you step inside, you'll be greeted by a thoughtfully crafted open-plan layout that effortlessly connects the living, dining, and kitchen areas.
Upstairs is 3 large bedrooms with spacious wardrobes.
The well-appointed kitchen boasts stainless steel appliances, an electric cooking element, and a convenient dishwasher. Additionally, the home comprises three spacious bedrooms. The master bedroom comes with an ensuite, extra large robe and air-conditioning.

Main bathroom upstairs is large with separate bath.

Hardy and high quality steel frame construction and the complex has been exceptionally well maintained by the body corporate.
The body corporate has also arranged discounted ultra high speed internet for residents, providing speeds of up to 1,000mbps so a must have for the work from home or online resident. Regular NBN connection also in place.

The complex is located within close proximity to the Forest Lake & Mt Ommaney shopping centres and Grand Avenue SPS, Forest Lake SPS and Forest Lake College. There is quick access to all major freeways including Brisbane-Ipswich (M7) motorway, Western Freeway (M5) and the M2 toll road.

Features of the complex include:
- On-Site Manager and monitored Security Cameras
- Large 3 BR townhouse with air-conditioning and ceiling fans
- European designed kitchen with stone bench tops, cook-top, range hood and dishwasher.
- Main bedroom has an ensuite and 2nd bathroom upstairs with a bath. There are three toilets, with the a third one downstairs.
- Air-conditioning/Heat in downstairs living space and master bedroom.
- Car parking, one in the garage and one in the driveway in front of the garage and plenty of visitor parking.
- Pet friendly
- Private courtyard
- Peaceful surroundings

We expect this property will go under contract soon so get your offers in, all offers considered.

Photography is from general stock photos for the complex but is accurate to build, finishes and floor plans.

More Information

Property Overview

Category: Townhouse
Details: 3 2 2
Price: Offers over $590,000
Area: 0m2

Property Features

Air Conditioned

Investment Information

Gross Return: $ 29120
_{How much does the property return in rent per year.}

Net Return: $ (not disclosed)
_{How much does the property return after all management expenses are deducted.}

Yield: 4.81%
_{The percentage of the Asking Price that the property delivers in Gross Return each year.}

Guaranteed Return (PA): $ (not disclosed)
_{Some managers offer a guaranteed rental return. If applicable, this will be detailed above.}

Body Corporate Costs: $ (not disclosed)

Rates PA: $ (not disclosed)

Management Fee: (not disclosed)%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ (not disclosed)
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ (not disclosed)
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}