12/69 Stead Road, Centennial Park
ACHIEVING EXCELLENT RENTAL RETURNS Unit - Property ID: 670621
Positioned in the centre of the City, just a few minutes walk to shops, restaurants, pubs and cafes, and setting new standards in inner city living is Central Park, a boutique development providing both fantastic low maintenance living and excellent investment potential.
The complex consists of 19 near new, architect designed townhouses with executive style finishes and European appliances. They have been built around an established park which provided a central, communal area to play, relax or entertain on.
Offered for sale are 4 furnished townhouses in the group, all with an excellent rental track record, with having returns between 6.0% and 7.5%.
Vacant possession can be arranged for people wanting to purchase these properties to live in themselves, but some are already tenanted so investors will not have to waste any time in generating rental income.
All four townhouses have a very large, open plan kitchen, dining, living area on the lower level with laminate timber flooring, reverse cycle air conditioning, a gas stove and fan forced electric oven, and a stainless steel dishwasher. A large laundry area is also found on the lower level and includes a clothes dryer and a third toilet for added convenience.
The upstairs area consists of three double sized bedrooms, one with a walk in robe, one with a built in robe and an under cover balcony, and one with a robe recess, plus two stylish, floor to ceiling tiled bathrooms, each with a toilet. One bathroom is an ensuite to the largest bedroom and the other is within close proximity to the other two bedrooms.
Private parking for two vehicles is available to each townhouse, with one space being undercover, and guest parking is available in the centre of the complex.
Other features include a large lockable and lined storage room per property, in addition to the generous built in cupboard space throughout the inside, established gardens and lawns, both in the private courtyard of each townhouse and in the middle of the group of homes, plus security gates at both entrances with a camera and intercom so residents can see who is waiting at the gates upon arrival and also remotely let guests in or out of the complex from within the comfort of their own residence.
These properties present a fantastic opportunity for a wide range of Buyers, including busy professionals, downsizers, first home buyers and investors.