5/171-173 Buchan Street
Bungalow, QLD 4870

Overview

SMART BUYING - FIRST HOME BUYERS & INVESTORS, TAKE NOTE!

This property presents a unique opportunity to acquire a beautifully renovated, ground-floor two-bedroom apartment situated within a boutique complex that boasts charming street appeal and an inviting in-ground pool. The complex is well-regarded for its quiet and well-maintained environment, offering residents a peaceful lifestyle with incredibly low body corporate fees.

Located just minutes from the city center and within walking distance to essential amenities, this entry-level apartment is ideal for first home buyers, downsizers, or investors seeking a low-maintenance property that does not compromise on quality or lifestyle. The apartment is spacious and move-in ready, providing convenience and comfort on the ground floor.

Key features of the property include:

• A boutique complex comprising only 11 units, ensuring a close-knit community atmosphere.
• Ground floor convenience, eliminating the need for stairs and enhancing accessibility.
• Renovated interiors that are ready for immediate occupancy.
• A large internal storage room, providing ample space for belongings.
• An in-ground pool within the complex, perfect for relaxation and recreation.
• Quiet surroundings with attractive street appeal, contributing to a pleasant living environment.

Additional financial considerations include an approximate body corporate fee of $4,000 per annum, council rates of around $1,700 half-yearly, and a rental appraisal estimated between $520 and $550 per week, highlighting the property's potential as a strong investment.

This apartment represents an affordable and attractive opportunity, combining strong rental returns with a convenient lifestyle. It is well-suited for those ready to move in immediately or investors looking to secure a smart asset in a thriving inner-city location. The property offers a blend of lifestyle, location, and long-term value that is hard to find in the current market.

Additional information includes the availability of a video walkthrough via WhatsApp and regular open homes held every Saturday until the property is sold. Prospective buyers should note that some furniture and décor items shown in the images have been digitally added for illustrative purposes, and the pool area has been enhanced digitally for marketing. Buyers are encouraged to conduct their own inspections to verify the property's current condition and presentation.

Location