27/5-9 Grant Road
Morayfield, QLD 4506

Overview

27/5-9 Grant Road, Morayfield

Welcome to Unit 27/5-9 Grant Road, Morayfield. This recently vacated townhouse is competitively priced to meet the market, making it an ideal opportunity for first home buyers or entry-level investors seeking to enter the property market. The property is vacant, allowing for immediate occupancy or tenancy within approximately 30 days, subject to the buyer's position.

Located within the well-maintained and established Bungalows complex, this townhouse offers essential amenities and a highly convenient, central location.

Property Features Include:

• Downstairs: Carpeted flooring throughout the living and dining areas, a galley-shaped kitchen equipped with an Omega 4 burner electric cooktop, Chef electric wall oven, and separate grill. Security screens are fitted on all windows and doors. The laundry is positioned off the kitchen and includes a second separate toilet. The private rear courtyard features a new shadecloth-covered patio and landscaped gardens. Additionally, there is a new remote lock-up garage with internal access to the unit.
• Upstairs: Two large carpeted bedrooms, each with mirrored sliding door built-in robes and ceiling fans. New window furnishings and security screens on all windows. The main bathroom includes a shower, bath, and vanity, with a separate toilet accessed via the hallway.

Overall Features: The property is smoke alarm compliant, has an electric hot water system, a garden shed, was built in 2017, and has no easements or flooding concerns.

The complex's common areas are well maintained with landscaped gardens and ample guest parking available.

Tenancy: For investors, a rental appraisal suggests a weekly rent between $480 and $500, providing an approximate gross return of 4.2% per annum at the asking price.

Body Corporate and Rates: The quarterly outgoings include an admin fund of $178, sinking fund of $33, insurance of $148, council rates of $576, and Unity Water rates approximately $387 (dependent on usage), totaling approximately $1,322 including GST.

Location: The property is within walking or short driving distance to Morayfield Shopping Centre, local primary and high schools, and other amenities. Nearby facilities include Morayfield High School, Minimbah State School, Morayfield West Early Childhood Centre, Bunnings, Caboolture Hospital, Morayfield and Caboolture Train Stations, Grant Road Sports Community & Complex, Morayfield Sports & Events Centre, and Centenary Lakes Park.

Approximate travel times to major locations are Brisbane City (50 minutes), Sunshine Coast (40 minutes), Bribie Island (25 minutes), Brisbane Airport (40 minutes), and North Lakes (15 minutes).

This townhouse offers a great opportunity for buyers seeking a comfortable, well-located home or investment property with low body corporate fees and pet-friendly policies.

Location