Absolute future proof investing! 16 Garfield Rd is a rare corner block zoned low-medium density residential – townhouse precinct, making this is absolute ideal long-term investment! The immediate future is secure too, thanks to tenants in place until September 2021 paying $290p/w!
The location makes sense in terms of immediate investment value and future development. A true “walk to everything” locale, you’ll find it’s less than 300m to the train station and the station shopping precinct, 650m to the local state school, approximately 1.3km to local shopping at Parklands Plaza with medical facilities, gym, supermarket, take away options, bakery, and other local shops and services on offer or just 1.5km to major shopping at Logan Central Plaza.
The surrounding area also has an abundance of entertainment and lifestyle attractions. A variety of major shopping malls, schools, taverns, clubs and restaurants, the Entertainment Centre, Logan Gardens and the 3.3 million-dollar Logan Gardens Water Park can all be found within less than 2 kilometres of Garfield Rd. Now is the time to snap up development ready land in this booming location!
The house itself is a classic 3-bedroom high set floorplan, fully fenced and with additional downstairs utility rooms. It is a reliable and steady performer as-is and secured until September 2021, or for those keen to maximise their returns there is room for basic upgrades and cosmetic touch ups to achieve greater income.
Offered for sale at a realistic and entirely affordable price point by a motivated seller! Contact Rob to run the numbers and discuss how this property can work for you.
- 3 bed
- 1 bath
- 2 cars
- Land size 531 m²
- 2 Open Parking Spaces