Unit 14, 448 Oxley Ave, Redcliffe, QLD 4020

8.2% Return - Huge Lounge Room, East Facing Balcony, Prime Location

Calling all investors and new home buyers, here’s an opportunity to secure a fantastic 2 bed, 2 bath spacious unit situated in the sort after “La Bahia”. With many amenities on your doorstep, the unit is conveniently positioned within walking distance to the Redcliffe lagoon and waterfront Peninsula, local cafes, restaurants, shops, primary and secondary schools, hospital, cultural centre and library – what more could you need!

Step inside this beautifully maintained unit and be immediately impressed by the generous air-conditioned living space, modern open plan kitchen with ample bench, cupboard space and stainless-steel appliances or sit back and enjoy the breeze on the private easterly facing balcony.

2 good sized bedrooms with built ins, ensuite to master, separate bathroom with toilet and separate laundry.

This unit is contracted and currently tenanted under NRAS (National Rental Affordability Scheme) with the current landlords and would be the perfect investment property however is not limited to and can be owner occupied.

The National Rental Affordability Scheme ‘NRAS” is an Australian Federal Government initiative that provides Tax Free Cash Incentives indexed annually for 10 years to certain residential property investors.

This light and airy unit captures the lovely sea breeze and the morning sun fills up the balcony and lounge. Perfect in both Summer and Winter this home ticks all the right boxes.

Best Value – First To See Will Buy!

- Unit is located on Level 2

- Building built in 2012

- Body corp costs: $4,734.80 PA

- Council Rates: $1,868.20 PA

- Water Rates: $1,176.20 PA

- Leased at $292 per week (plus $11,192k/year government incentive)

- Underground secure remote lock up garage with 1 space for unit

- Extensive off street parking

- 2 bed

- 2 bath

- 120m2

- 0.5 kms to the waters edge

Balance of sinking fund - $310,288.29

Property Code: 586



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