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2/35 Admiralty Circuit, Lawnton

SOLD for $515,000

3 2 2 147 m2

Attention, Investors! Tenanted 3-Bedroom Townhouse! Close to Transport, Schools, Shops!

Make an easy addition to your portfolio with this stunning contemporary home! Already tenanted with a long-term lease in place, the property is in a great family-friendly location, close to playgrounds, groceries, public transport and several schools.

The property has three bedrooms with ceiling fans and a private bathroom in the master, and two of the bedrooms (including the master) have access to a balcony. The main bathroom has a separate bath and shower, and downstairs is a powder room for guests. The family areas are spacious and open, with a beautiful bright kitchen and combined living/dining flowing out to a covered outdoor entertaining area in the fully fenced courtyard.

Things you'll love:
- 3 spacious bedrooms with ceiling fans (air-conditioned master with ensuite & private balcony)
- Kitchen with breakfast bar & gas cooking
- Air-conditioned living & dining areas
- Bathroom with separate bath & shower
- Powder room downstairs
- Covered outdoor entertaining area
- Fully fenced courtyard
- Single lock-up garage with adjoining carport

Here are the outgoings:

Body Corporate
$544.33 (admin fund - quarterly)
$166.50 (sinking fund - quarterly)

City of Moreton Bay
$521.23 (rates - quarterly)

Unity Water – last bill
$267.81 (water bill - quarterly) ($333.49 - $65.68 tenants' water usage)

The property is currently tenanted at $500 per week until February 2025, providing a yield of approximately 5.2%.

The rental market is in dire straits and this is a fabulous opportunity, so give us a call to explore further!

Features

Secure Parking Balcony Deck Courtyard Outdoor entertainment area Fenced

Details

Address 2/35 Admiralty Circuit, Lawnton
Price SOLD for $515,000
Property Type Residential
Property ID 5245
Category Townhouse
Land Area 147 m2

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Alice McSweeny

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