$220,000

Unit 1, 77 Fairway Dr, Gympie, QLD 4570


9% return! Try 2 beat that!

Spacious modern contemporary 2 bedroom, 1 bathroom duplex unit in a great location. This unit is currently under the NRAS scheme (National Rental Affordability Scheme), expiring on 30 April 2023 with a current total return at $427 per week. Yep, do the maths here folks. You simply cannot and will not go wrong with this great deal.

Location:
Located 5 minutes from CBD, hospital and schools. 50 mins to Noosa, less than 2 hours to Brisbane. 55 minutes to Noosa and Sunshine Coast airport. Less than 2 hours North from Brisbane. Gympie is situated between Noosa and Fraser Island, and is part of South East Queensland, one of the fastest growing regions in Australia. The Cooloola Region centres on the historic city of Gympie and includes the Cooloola Coast and the Mary Valley.

Unit:
Brick and colorbond duplex unit in sought after Estate handy to everywhere and everything. Very happy, great long-term tenant (6 years) who would love to stay. Current lease until November 2020.

Features:
Modern decor and finishes throughout.
Open plan tiled airconditioned living, dining and kitchen.
Kitchen with electric cooktop, wall oven, rangehood and dishwasher.
Two carpeted bedrooms with ceiling fans and built ins.
Smart configuration of 2-way bathroom.
Inside living opens out to a covered entertainment patio.
Privacy timber fenced and secure back courtyard.
Single lock-up garage with laundry provision.
Town services and water.
Currently tenanted at $212.00 per week plus the NRAS Incentive. (2018/19 NRAS year was $11,192, which is equivalent to another $215 per week, and is Tax Free. There are another 4 such Incentives to be received over the next 4 years.) https://www.dss.gov.au/housing-support/programs-services/housing/national-rental-affordability-scheme/nras-investors
No Body corp fees.
Current owners share any costs as they became apparent, rates (approx. $3,000 per year each and insurance approx. $800 per year each).

2 nice 2 wait 2 long!

Contact the team at agents2go to arrange your personal inspection. You will love it!




Disclaimer
Whilst all due diligence has been taken in the preparation/details of this document agents2go can attach no guarantee to them and recommend intending purchasers conduct their own enquiries.

Property Code: 898

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