5/17 Crowder Street
Garbutt, QLD 4814

Overview

Solid Addition to your Portfolio

This low-set unit presents a reliable and durable investment opportunity, ideal for those seeking a steady income stream with minimal management. It is tenanted until September 2026 at $350 per week, providing assured rental income and eliminating vacancy concerns upon purchase. Located within a boutique complex of only six units, it offers long-term stability and low tenant turnover, enhancing its appeal for investors.

The property features a fully tiled interior with air conditioning throughout, ensuring comfort and ease of maintenance. The finishes are designed for durability, reducing upkeep costs and protecting investment margins. Situated in a sought-after area just 10 to 15 minutes from the central business district and nearby beaches, it benefits from a strong tenant demand and promising potential for capital growth.

The open-plan living and dining area is designed for simplicity and easy care, fully tiled and air-conditioned. Glass doors open onto a private, fenced concrete patio at the front, providing an outdoor space for relaxation. The unit includes two generously sized bedrooms, each equipped with built-in robes and air conditioning for comfort. The bathroom is fitted with a walk-in shower, enhancing accessibility, and there is an internal laundry for convenience. A dedicated carport provides secure parking for one vehicle.

Additionally, the unit includes a designated internal storeroom, a rare and valuable feature that offers extra storage space, enhancing the practicality of the living area.

• Close proximity to shopping centers, parks, and a short 10 to 15-minute drive to both the beach and city center.
• Small complex of only six units, promoting a stable community environment.
• Open-plan living area, fully tiled and air-conditioned for comfort and ease of maintenance.
• Functional kitchen equipped with cupboards and an electric stove.
• Spacious tiled bedrooms with built-in robes and air conditioning.
• Bathroom includes a walk-in shower stall, vanity, and toilet.
• Internal storage room and laundry facilities included.
• Carport space for one vehicle.

Financial details include current rent of $350 per week under a lease valid through September 2026, body corporate fees approximately $3,615.10 per annum after discount, and council rates around $4,184.70 per annum.

This property represents an excellent opportunity to add a dependable, income-generating asset to your investment portfolio.

Location