Here is a rare opportunity to secure a solid investment with stable tenants in place. Located in Aspley, it is a suburb that features a solid growing residential, commercial and retail industry. The property is located less than a 5-minute drive to Chermside which is home to Queensland's largest shopping centre. Aspley is 20 minutes to the Brisbane CBD and only an hour drive from the Sunshine Coast. Perfectly suited to all investment types, whether you are a first time investor, experienced or looking at investing with your Self-managed super fund. This is a high cash flow asset, with great returns and ideal for the first investor or retiree looking for excellent revenue streams. The complex consists of 42 units with an on-site manager available 24/7. Situated in a highly desirable area, units 11 and 12 are listed on one title with tenants in place and returning a Fortnightly income of $513-00 per unit. What a great investment opportunity! With common areas for social interaction including Lounge room, Library and Dining Hall for residents to enjoy their 3 daily meals being prepared in the commercial kitchen. Parking spaces for tenants to use as well as a community bus available for a ride to Aspley Hypermarket, only a 10-minute walk to access the local shops and bus exchange to catch a ride into the city. Please call Lolit on 0434 898005 to arrange your inspection (24 hours' notice). Viewing by appointment only. Approximate Expenses: Body Corp: $1,673.00/Quarter Council Rates: $430.40 /Quarter Water Rates: $260.76 /Quarter Management, Gardens & Admin Fees: 721.89 /Quarter