Recently renovated and centrally positioned for broad rental appeal, this large unit represents an extraordinary investment opportunity in high-growth Morningside!
Rental appraised at $420-440 per week, the elevated 3-bedder sits at the peaceful and leafy rear of its boutique complex. Boasting low-maintenance brick construction, a new hot water system, fresh interior paintwork and near-new kitchen, the property would serve as the perfect start, or easy addition to any investment portfolio. (Brand new window furnishings and ceiling fans also feature.)
Big on interior space and contemporary style, the deep flowing floorplan features balconies at either end, capturing beautiful natural light and superior cross-ventilation. There is also access into the complex’s large sunny communal garden, situated just footsteps from the front door.
Three generous built-in bedrooms include a sublime north-east facing master with huge walk-in dressing room and access onto the rear balcony. The large, well-lit and ventilated bathroom and separate toilet will not require any work in the foreseeable future; and the residence offers plenty of storage space.
Timber floors and the kitchen with Oak-inspired benchtops, 2Pac cabinetry and quality appliances (including dishwasher) create outstanding modern appeal, to suit any prospective tenant’s décor.
Additional property highlights include Crimsafe-style screening and a large single lock-up garage with laundry facilities (although there is a separate communal laundry seldom used by other residents).
Just 5km from the CBD, the block of only five units sits metres from bus or train transport and a short stroll to great local cafes and eateries including the locally-renowned Flour and Chocolate patisserie. An extended hours pharmacy, health and fitness amenities, Coles, Woolworths and fresh food grocers are also within walking distance; with the parkland and lifestyle precincts of Hawthorne and Bulimba (featuring bars and cinemas) only a couple of minutes away.
Investors will enjoy the rare peace of mind offered by a quality block, fresh refurbishment and central location that will only continue to increase in value. And, given that the complex is fully owner-occupied, its appeal is undeniable. Do not miss this one!