Harry Imam and Hugo Alexander Property Group are pleased to offer these rare freestanding buildings in the highly sought after location of Sunnybank. Expression of Interest Campaign closing: 4PM Wednesday 7th December 2022. All offers must be submitted in writing by the closing date for consideration. Special consideration will be made for unconditional cash offers. $105,000 Rental income $92,000 nett income + $26,749 tax depreciation. Approximately $117,000 nett income per annum. ($513,000 tax depreciation over 40 years) Currently fully leased and professionally managed by Hugo Alexander Property Group. Balance of builders warranty. Attractive depreciation on fully furnished property. Address: - 260 Beenleigh Road, Sunnybank The Property: - Brand new, extremely well presented investment properties in the popular location of Sunnybank. Total Rental: - 5 suites available for lease and managed by Hugo Alexander Property Management Building Area: - 483sqm allotment sizes - Building area 304sqm Property Overview: - Local Government Area - Brisbane City Council - Real Property Description - Lot 2 SP 312851 - Zoning - Low Density Residential - Site area - 483sqm - Building area - 304sqm - Property description - Fully serviced and furnished Rooming suites x 5 262 Beenleigh Road, Sunnybank: - 4 X 34sqm units - 1 X 48sqm unit - 2 x 17.6sqm garages + 4 car parks - Shared courtyard - 15kw Solar System - Air conditioning and ceiling fans in each room - Kitchenette and enuite and balcony / patio in each room - Common kitchen, laundry and living space - Neighboring council park reserve Property Features: - One of Brisbane’s best designed, highest quality Rooming Accommodation Buildings - Ultra-modern Rooming Accommodation Design - 5 x separately leased large Studio type Suites - Certified and Compliant as a Class 1b Rooming Accommodation - High quality, durable construction, stylish furnishings - Extra wide rooms – total house width is 8.250m (upper rooms are 4m wide x 8.5m long) - Management offered by experienced Rooming Accommodation manager (Hugo Alexander Property) - Rare opportunity - Typically such lease opportunities are tightly held, and rarely become available. - Extremely low vacancy rates due to convenience for renters. One rent covers all - furnishings, utilities and internet Building Specifications: - Concrete Slab – NuPod system (not waffle pods) - Frame – Termite Resistant timber - Cladding – James Hardie - Insulation – Acoustic and thermal in all walls and flooring - Rooms – Blueboard and 13mm Soundcheck for noise insulation - Upper floors – extra insulation padding under flooring - Furnishings – Each room - Queen Bed, Retro Style Lounge, Extra large 50mm TV, stainless tall fridge, microwave, kettle, toaster, dining table, coffee table, rugs, plants, clock, dinner sets, glassware, cutlery, etc. - Shared kitchen, laundry, dining - Fire management system - Smoke alarms, emergency lighting, Fire and Safety escape mapping on all doors, fire extinguishers, fire blankets. - Colorbond roof - Colorbond fencing - Extra large parking area – salt & pepper exposed agg. Concrete Location: - Minutes walk from Gaddes and Beryl Roberts council parklands and sports grounds - Proximity to Sunnybank railway station, Sunnybank State School, - Proximity to high residential catchment area - Ample public transport near by Expression of Interest Campaign closing: Please submit your most competitive offer in writing for the vendor's consideration For more information or to book a private inspection please call Harry Imam on 0403 180 092.