Investor’s Dream in a Prime Location
Introducing 6/145 Kingston Road, Woodridge—a double-story townhouse offering an exceptional investment opportunity with immediate rental income. Nestled in a quiet, well-maintained complex of just 15 townhouses, this property is perfect for savvy investors looking to secure a high return on investment in a strategic location.
Long-Term Tenant Already in Place
This property already has a long-term tenant. It is leased until July 2025 at a rental income of $350 per week. This ensures a steady cash flow from day one, providing peace of mind and a hassle-free investment experience.
Modern and Low-Maintenance Living
This townhouse offers a practical layout designed to maximize space and comfort:
Ground Floor: The ground floor’s open-plan living and dining area features a carpeted floor that seamlessly connects to a fully fenced brick-paved courtyard, perfect for tenant enjoyment with minimal maintenance required.
Kitchen: The well-equipped L-shaped kitchen includes ample storage, an electric cooktop, and a new freestanding oven (replaced in June), making it a functional space for everyday living. A discrete laundry area adjacent to the kitchen adds to the convenience.
Bedrooms: Upstairs, the property offers two generously sized, carpeted bedrooms. The master bedroom includes built-in wardrobes, and both bedrooms have new ceiling fans that were replaced approximately six months ago.
Bathroom: The modern bathroom includes a combined bathtub, shower, and toilet, catering to all your essential needs.
Garage: The property also includes a lockable garage with internet access, providing secure parking and added convenience for modern living.
Key Feature:
– Double-story townhouse: Offering spacious living across two levels.
– Long-term tenant in place: Leased until July 2025, providing immediate rental income of $350 per week.
– Low-maintenance courtyard: Fully fenced, brick-paved courtyard for tenant enjoyment.
– Well-equipped kitchen: Features ample storage, an electric cooktop, and a new freestanding oven.
– Two generously sized bedrooms: Both carpeted and fitted with new ceiling fans.
– Lockable garage: Secure parking with internal access and internet connectivity.
– Modern bathroom: Includes a combined bathtub, shower, and toilet.
– Freshly painted: Completed 18 months ago, ensuring a well-maintained property.
– Prime location: Close to shops, schools, and public transport options, with Woodridge Train Station just 1.5 km away.
– Strong investment potential: Rental appraisal estimates between $390 – $410 per week, offering future growth in rental yield.
Financial Highlights
Current Rental Income: $350 per week with a lease secured until July 9, 2025.
New Rental Appraisal: The rental is estimated at $400 – $430 per week, and there is potential for increased rental yield in the future.
Low Body Corporate Fees: Only $2,000 annually, including building insurance.
Council Rates: Approximately $999 per quarter, including the standard water bill.
Strategic Location – High Demand Area
This townhouse is located in the heart of Woodridge, a highly sought-after area that consistently attracts tenants due to its unbeatable convenience and amenities. Recently, a brand-new retail and commercial hub has opened within walking distance in the well-established Slacks Creek industrial precinct. This hub features a variety of shops, retail outlets, offices, and medical consulting services, along with national retailers like United Petroleum Fuels, Slim’s Quality Burgers, Two Bros Chicken, a juice bar, pizza, traditional kebab shops, and more.
Location Benefits:
Shopping & Markets
Logan Central Plaza: Approximately 2 km away, offering a variety of major retailers, specialty stores, and dining options.
Underwood Marketplace: About a 10-minute drive, providing supermarkets, shops, and eateries.
Sunnybank Plaza: Roughly a 15-minute drive, featuring a wide range of stores, restaurants, and entertainment options.
FoodWorks: Just a short walk away for convenient grocery shopping.
Farmers Market: Held every Sunday nearby, offering fresh vegetables and food options.
Public Transport
Woodridge Train Station is approximately 1.5 km away and provides regular train services to Brisbane CBD and the Gold Coast.
Bus Stops: Located along Kingston Road and nearby Ewing Road, offering easy access to multiple bus routes.
Schools & Education
Woodridge North State School: About a 5-minute drive, catering to primary school students.
Woodridge State High School: Approximately 1.5 km away, providing secondary education.
St Paul’s Primary School: A 10-minute drive for private primary education.
Islamic College of Brisbane: Roughly 1.8 km away, offering education from Prep to Year 12.
Faith Christian School of Distance Education: Located within 0.5 km.
Childcare & Early Learning
Underwood Play and Learn: Approximately 0.5 km away.
Excellent Kids Montessori: About 1 km away.
Kids Village Child Care Centre: Around 1 km away.
Snookums Early Learning Centre: Roughly 0.8 km away.
Eden Academy Woodridge: About 0.8 km away.
Recreational Facilities
Timothy Park is located a 2-minute drive from the property, providing green space for outdoor activities and relaxation.
Logan Entertainment Centre: Close by, providing a venue for entertainment and community events.
Logan City Tenpin: Nearby for bowling and recreational fun.
Healthcare
Logan Hospital: A short drive away, offering a full range of healthcare services.
Springwood Health Hub: About a 7-minute drive for various health services.
Local Medical Clinics: Numerous clinics are in the vicinity for general healthcare needs.
Highways and Road Access
Compton Road & Kingston Road: Major roads that provide easy access to surrounding suburbs.
Pacific Motorway (M1): Quick access to the motorway, making trips to Brisbane CBD or the Gold Coast convenient.
This prime location offers a wealth of amenities within easy reach, making it highly desirable for both tenants and homeowners.
Exceptional Investment Potential
This property is rare for investors seeking a reliable, long-term income stream with minimal management hassle. The strategic location, combined with the strong rental demand in Woodridge, ensures this investment will continue to grow in value. The average townhouse price in the area has seen significant appreciation, with further growth expected in the coming years.
Don’t Miss Out on This Prime Investment
Secure your future with this high-yield, low-maintenance investment in one of Woodridge’s most sought-after locations. Contact Yogi Sharma today at 0424 836 194 to discuss how this property can enhance your investment portfolio.
Disclaimer: Every effort has been made to ensure the accuracy of this information; however, we disclaim any liability for errors or misstatements. Prospective purchasers should independently verify the information. Virtual furniture and curtains may have been used in images, and while we have ensured their accuracy, we cannot guarantee it. We do not accept liability for any errors or omissions related to a property’s land size, floor plans, measurements, building age, and condition.
