24/2 Springhill Drive

Sippy Downs QLD 4556

This is an ideal property for the first time Investor, property accumulator or owner occupier. Located in the popular and secure gated "Parklake Terraces" this spacious 3 Bedroom Townhouse has been an excellent Investment property for the previous 2 owners generating solid returns and capital growth. Current lease is due to expire on 30th December 23 with a market appraisal available of $600pw and current tenants keen to stay on. Current rental is $550pw. Body Corps are circa $5500pa. The complex comprises 35 Townhomes and boasts a large lagoon swimming pool, security, gated access and onsite management. Parklakes is very well maintained complex that maintains 100% occupancy with its rental properties all year round. The property is popular with young families and those that have downsized. This particular Townhouse is ideally positioned in the quiet enclave of the complex. The property is in good condition with nothing major to spend apart from maybe a lick of paint or new floor coverings although not essential. Current Investor is selling due to a change in circumstances.

Townhouse 24 has open plan living downstairs which ventures out on to a private rear courtyard. The Lounge, Dining and Kitchen is air-conditioned. The Internal staircase leads up to 3 very good size Bedrooms all with built ins and ceiling fans. Master Bedroom includes ensuite and air-conditioned.
Sippy Downs and surrounds is now a fast growing area driven largely by its close proximity to the Sunshine Coast University and quick access to the Highway that puts you in Brisbane in 60 mins or the Maroochy Airport in 20 mins. The Beaches and the University Hospital are quickly accessed via the Motorway. Major shopping centres, restaurants and cafes are all in very close proximity and the popular Chancellor State School is a short 10 Minute walk from the Complex.