Hillcrest

28/3 Costata Street

2 1 1 Building: 72 SQM

SOLD - $435,000

STONE REAL ESTATE LOGAN & ERIN CUMMING SOLD…

SOLD by ERIN CUMMING | 0466 573 342
- | "Rose-Wood Villas" | 28/3 Costata Street, Hillcrest | -

Bulletproof Investment
Charming 2-Bedroom Townhouse – Tenanted Investment Opportunity!

This inviting two-bedroom townhouse blends character, comfort, and convenience. It features polished exposed brick walls and a practical layout. Perfect for investors, this property is currently tenanted with a quality tenant of over seven years, ensuring a reliable income stream from day one.

✨ Property Highlights:

Two spacious bedrooms with built-in robes

Open-plan lounge and dining area for flexible living

Neat and practical kitchen with ample cupboard space

Two toilets, including a convenient downstairs facility

Security screens for added peace of mind

Generous carport plus visitor parking

Private courtyard, perfect for relaxation or entertaining

This low-maintenance, tenanted property presents a fantastic investment opportunity in a sought-after location.
Estimated rental return $450 p/w - $475 p/w

Expenditures:
Administrative Fund = $550.40 per quarter (including pay-on-time discount - current balance ~$55,000)
Sinking Fund = $70.40 per quarter (including pay-on-time discount - current balance ~$70,000)
Rates ~$570 per quarter ($642.40 for investor)
Water & Sewerage = $266.36 per quarter (plus water usage)

Please contact Sherro to arrange a private viewing today.

Disclaimer:
All information contained within this website is gathered from sources we believe to be reliable. Stone Real Estate cannot however guarantee its accuracy and accepts no responsibility for such. Interested parties should make and rely on their own enquiries.

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