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11/6 Albert Street,
Cranbrook 4814, Queensland

2 bedrooms
1 bathroom
1 car space
75m² building size
Unit

$159,000


Property details

Investor Starter!

If you are considering taking the step into an investment property, this great little performer is definitely one to consider. The complex is located within walking distance of Cranbrook State and Holy Spirit Schools, Ignatius Park College, Stockland Shopping Centre, and Ross River.

Set on the third floor, this unit offers ample space for singles or couples. A roomy lounge is tiled and air-conditioned and is light-filled from the front balcony. A sizeable and modern kitchen features stone-look benchtops, a pantry, an electric oven, and ample cupboard space. Both bedrooms are roomy with a queen-sized master at the front and the rear bedroom also has its own private balcony. The bathroom incorporates a large walk-in shower stall, modern vanity, and a laundry area complete with a tub. And the toilet is separate. The ground floor for each unit includes a lockable garage space for one vehicle and a storeroom.

Currently rented for $240 per week with the tenant in place until January 2023, it generates a 7.8% gross yield.

• Solid investment opportunity to add to your portfolio, or get started in the market
• Large lounge with tiled floors, air conditioner, and windows open to the front balcony
• Modern kitchen with stone-look benchtops, multiple cupboards, electric oven, and a pantry
• Both bedrooms are tiled and air-conditioned - the master is queen-sized with large double built-ins, and the second has a built-in cupboard and private balcony
• Walk-in shower stall, modern vanity and laundry area compose the bathroom - toilet is separate
• Lockable garage space for one vehicle plus storeroom
• Rent is $240 per week and the current lease is in place until January 2023

This unit is in a complex of twelve and of solid construction. Please contact Craig on 0400 048 940 to schedule a private viewing.

Explore the area


School catchments

  • Aitkenvale State School Primary Prep-6 Government 0.44km
  • Holy Spirit Catholic School Primary Prep-6 Catholic 0.61km
  • Riverside Adventist School Primary Prep-6 Independent 0.92km
  • Cranbrook State School Primary Prep-6 Government 1.2km
  • Heatley State School Primary Prep-6 Government 1.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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