Unit 4, 448 Oxley Ave, Redcliffe, QLD 4020

$10 K/Year plus the rent. That’s 7.2% Return

This spacious modern 2 bed unit is situated in one of Redcliffe’s most popular complexes “La Bahia” Leave the car at home, as this unit is within walking distance to cafes, restaurants, shops, the Redcliffe lagoon and waterfront Peninsula. Excellent primary and secondary schools, hospital, cultural centre and library are also close by. Offering a generous sized modern kitchen with dishwasher, air-conditioned open plan living/dining leading to the largest easterly facing balcony in the complex, good sized bedrooms with built in robes, master bedroom with ensuite, separate bathroom and toilet.

This particular apartment 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.

With its executive finishes, excellent layout and superior location, living at “La Bahia” is like having the world at your feet.

Don't miss your opportunity to secure this fantastic property!

- Unit is located on Ground Level

- 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 $296 per week (plus $11,192k/year government incentive)

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

- Ample off street parking

- 2 bed

- 2 bath

- 179m2

- 0.5 kms to the waters edge

Balance of sinking fund - $310,288.29

Property Code: 583



Back to Search Results