4/10 Spring Street, Sippy Downs, QLD, 4556, Australia

Invest in the heart of the Sunshine Coast’s education hub with the purchase of this dual level townhouse in a well-located modern complex within walking distance to the university, schools, dining, retail, sporting/leisure facilities, and public transport.

Each level is self-contained with the ground floor a studio-like design with open plan living/bedroom, kitchen/laundry combo, bathroom, and private courtyard; the upper floor comprises one ensuited bedroom, kitchen, living, covered balcony, and compact laundry; there is one single lock-up garage.

Split system air-conditioning in both living areas, ceiling fans, easy-care timber look vinyl flooring, stone benches in kitchens and bathrooms, stainless steel appliances, and 1.5kW solar power; are existing features; and its low maintenance build and design makes it ultra-low maintenance.

Currently tenanted on each level – currently returning $870 per week total, with the landlord paying power and internet; leases expire in March 2025. Its location in a high-employment and education precinct ensures securing tenants should never be a problem – from university students, lecturers/teachers, hospitality staff at the nearby tavern of The Bower Bird are just some of the pool of people that may desire to live near work or study.

The complex is pet-friendly (subject to body corporate approval) and there is a central park area with BBQ facilities for residents to socialise and utilise. Also walking distance to gyms, the Chancellor Park golf driving range, and USC Aquatic Centre – there’s no excuse not to keep fit and active in and around the neighbourhood.

Along with investors other possible buyers could include downsizers looking for an easy property to lock-and-leave when off travelling, entry level singles/couples, and professionals working nearby (university/school/medical centre etc.)

Access to the Sunshine Motorway connecting you to Mooloolaba within 15 minutes or to the M1 to Brisbane Airport within 60 minutes; is less than five minutes’ drive. All Sunshine Coast amenities are easily accessible from here, Sippy Downs is very centrally located, another reason it is so popular with investors and residents alike.

Investor owner is motivated to sell; if you’re in the market to buy something like this, then we need to talk today!

Summary of Features:

- Modern dual level townhouse
- Each level fully self-contained
- Currently 2 sets of tenants
- 2 bedrooms, 2 bathrooms, 2 living areas
- Private gated ground floor courtyard
- Upper level has covered tiled balcony
- 2 x split system A/C, 1.5kW solar power
- Low body corporate, pet-friendly (stbca)
- Both levels tenanted until March 2025
- Walk to uni, schools, shops, dining, bus
- 14 minutes’ drive to Mooloolaba Beach
- Quick easy access to the motorway