39/120 Queens Road, Slacks Creek, Qld 4127

This 3-bedroom townhouse is your chance to secure an affordable property in a sought-after location. While the home shows signs of wear and would benefit from a little TLC, it presents an excellent opportunity for investors looking for reliable rental income or homeowners wanting a project.

Property Features:

*Spacious Living Areas: Open-plan dining with wood-look flooring throughout the ground level.
*Practical Kitchen: Ample storage with overhead cupboards and generous bench space, ready for upgrades if desired.
*Three Bedrooms with Built-ins: Upstairs, the bedrooms are equipped with built-in wardrobes, providing practical storage.
*Private Courtyard: A low-maintenance outdoor space, offering privacy and potential to create your ideal retreat.
*Air Conditioning: Split-system unit to keep you comfortable in all seasons.
*Single Lock-up Garage: Secure parking for one vehicle.

Added Convenience:
*Separate Laundry & Second Toilet: Extra amenities to simplify daily living.
*Security Screens Throughout: For added peace of mind.

Location Benefits:
*Minutes from the M1: Quick access to Brisbane CBD and the Gold Coast.
*Close to Essential Services: Nearby shopping villages, schools, hospitals, universities, and public transport options (buses and trains).

Investment Potential:
*Currently Tenanted: Generating $370 per week in rental income, current lease ends on Jan 2025.
*Body Corporate Fees: Approximately $2,500 annually (including sinking fund and insurance).
*Rates: Around $1050 per quarter (including water).

This townhouse offers excellent value for investors or buyers with a vision to refresh the space. If you’re looking for a budget-friendly property with rental income and the opportunity to add value over time, this could be the one for you.