4, 11 Raintree Street, Mansfield

Sold $530,000

2 Beds 1 Baths 1 Cars 87m2 Land Area
Sold

Boutique "Pre-Market" Opportunity Beckons | Outstanding Investment ✨

Proudly situated in the highly sought-after suburb of Mansfield, in a uniquely central location, this charming apartment in a boutique complex is ready for it's next chapter.

This aloft and breezy, two-bedroom unit boasts a generous floorplan with seamless functionality. Complete with open plan living, generous balcony and endless potential, your blank canvas awaits. 🏡


FEATURES YOU WILL LOVE:

- Enjoy your well-appointed kitchen complete with gas cooktop, ample bench space and double stainless steel sinks.

- Boasting open plan living, complete with ample natural light.

- Lounge walks seamlessly out to your balcony, providing the perfect space to enjoy or relax; capturing the lofty breezes from your elevated position

- Two queen-sized bedrooms, each equipped with built-in robes and ceiling fans.

- Main bathroom with functional layout including overhead shower, and stand alone vanity with storage.


EXTRAS:
- Internal laundry located in garage
- Small complex (only 6 apartments)
- Secure car parking with allocated car space


INVESTOR'S NOTE:
- LOW Body Corporate
- Currently Tenanted: $475 per week
- Rental Appraisal: $525 - $550 per week with minor cosmetic improvements
- Potential Gross Yield: 4.7% - 5.6%
- Capital Growth (Mansfield): 13.31% increase seen for units in the last quarter


LOCATION AND LIFESTYLE:
- 100m walk to ALDI
- 4 mins to Mt Gravatt Plaza
- 5 mins to Westfield Carindale
- Short walk to parks and sporting grounds
- 12.3kms to Brisbane CBD

- 80m to closest bus stop
- Easy access to Pacific Motorway
- 6 mins walk to TAFE Mount Gravatt
- Located in Mansfield SHS and Mt Gravatt East SS catchments


This incredible apartment is ready for it's new chapter - take advantage of this PRE-MARKET OPPORTUNITY. . . Contact Alexandra for more information.

Features

Balcony Secure Parking

Details

Address 4, 11 Raintree Street, Mansfield
Price Sold $530,000
Property Type Residential
Property ID 805
Category Apartment
Land Area 87m2
Floor Area 808.23m2

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Alexandra Smith

0499 299 445