445 & 446/67 Cascade Street, Raceview, Qld 4305

Secure both studios for $220,000

* $910 fortnight return for both units
* Body Corp fees approx $2325 qtr for both units
* Rates approx $440.60 qtr for both units
* Utilities approx $245.15 qtr for both units
* Property Management fees approx $96.59 fortnight for both units (optional)
* Tenants also pay for electricity cost for hot water service

Amazing return on investment for these 2 pidgeon pair units (1 lot and yes pricing is for both!) within an Over 50's gated community that gifts your tenants an awesome on-site manager and plenty of communal areas and services. Eureka Villages Whitehill Gardens is a separate unit complex found within Cascade Gardens Over 50's community on Cascade Street which has a bus at the front gate and is within walking distance or an electric scooter zip away from the Raceview tavern, medical/dental, Raceview Shopping Centre and 7-11 super servo with takeaway shops and more! These units rarely come available for sale. 

Each unit is air conditioned and offers a large wheelchair/immobile friendly open design bathroom as well as a room that incorporates a kitchenette/dinette/lounge space and bedroom all in one! How great it is when everything is close by and easy to get to...and think of the cleaning time saved! 

A rear courtyard space is accessed via a sliding glass door and the complex offers an Air conditioned communal room complete with books/computers/lounge area and a big covered outdoor seating area as well as a large air conditioned community centre that also has a kitchenette/lounge area/games room etc. A centrally located air conditioned dining and kitchen hall takes care of the occupants meal times with breakfast/chef prepared cooked lunch/coffee & tea facilities provided at an extra cost to the tenant/occupant. A coin laundry is also at the ready come clothes washing day and covered concreted walkways ensure a safe and covered passage around most the complex. Mailboxes are also located near the Reception office and tenants also have the ease of a post box on site if they still use the old style mail...however if they are tech savvy and want e-mail then NBN is also able to be connected to each unit thru the Reception office system. 

Tenants are always only signed on 12 month lease deals and Unit 445's tenant is in place until 22 April 2025 and Unit 446 until 01/09/25 with both tenants super keen to stay on much, much longer! There is plenty of demand from tenants for a room within the 80 unit community so your investment seems very safe!!!

Plenty of carparking is available if the tenant has a vehicle and of course they have all the freedom they want or need and it's a great option for your older loved one who is self capable and doesn't need a sprawling property to clean/maintain and look after! 

File pics on Units being utilised to respect tenants privacy. Units are identical in size with mirrored layouts.

 
Bedrooms: 2 
Bathrooms: 2
Car accommodation: Plenty of car parking available
Outdoor entertainment: Rear courtyards
Air conditioning: Both units Air conditioned
Roof Type: Roof tiled
Security: Fenced community with driveway gates access controlled after 6pm
Tenants: Unit 445 until 22 Apr 2025/Unit 446 until 01 Sep 20253
Amenities: Air conditioned communal room with computers/books/Lounge area and outdoor covered seating area + Large air conditioned dining hall and central kitchen/Big air conditioned community centre with lounge area/games/kitchenette
Flood Free?  -  Definitely