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4/187 Lake Albert Road, Kooringal

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$167,500

Perfect Investment Opportunity

Here is a great entry level investment or to add to the portfolio. Situated in the ever popular suburb of Kooringal close to schools, shopping centre & public transport.
This solid brick unit has 2 bedrooms both with built in's, bathroom with separate toilet, generous living space, functional kitchen & separate laundry, reverse cycle heating & cooling.
Currently tenanted for $210 per week it gives this unit a healthy gross return of 6.52%. be quick as sound investments like this are not lasting long.
Strata Fees: $399.70 per qtr.
Council Rates: $1656.66 per annum