Welcome to this brilliantly reliable three-bedroom, one-bathroom unit in Lockridge! If you want a property that fits your lifestyle needs, then look no further as this property may be for you. Located in a secure gated complex in a great position close by schools, parks and shops, you are in a great position here to start your new life. The unit itself is low-maintenance, with modern features throughout including multiple air-conditioners, built in robes, and internal laundry features. Currently tenanted, this is a perfect opportunity to continue an ongoing investment with a high expected rental yield of approx. almost 8%, or alternatively move in after the lease end and make the most of the low-maintenance, picturesque lifestyle on offer here! Property Highlights: - Three-bedroom, one-bathroom property built in 1971 - Approximately 100 square meters total lot size - Approximately 90 square meters internal floorspace - Multiple air conditioners throughout the home! - Built-in robes with mirrors to main bedrooms - Undercover parking area - Allocated car bay - Remote controlled secure gated complex - Internal laundry facilities - Bathroom with bath/shower combination Investor Summary: - This property is currently leased on a fixed term basis until June 2025, for $500 per week - Market rent for this property is approximately $575 per week - Based on a purchase price of $390,000 and market rent, the estimated rental yield for this property is 7.7% - HouseSmart Real Estate is highly active in Lockridge and the surrounding areas, and can provide high-quality property management services from settlement and beyond! Walking in to this complex the first thing you notice are the manicured gardens and lawn areas that bring a beautiful touch of greenery to the home. There are paths throughout to bring you from your unit to your allocated parking area, and the gate provides a secure parking area. This well-maintained complex is one that you can easily admire every time you walk outside your door. The unit is on the ground floor. Walking in the door you will come in to the entry area, which allows access to both the kitchen and on through to the living room. The kitchen is quite a good size and has all the room you need for cooking your favourite meals. There is also an open window-area in the wall which provides an outlook to the living room. This living area provides a great place to relax at the end of the day, with your family and friends. The kitchen layout means that there is a good amount of cupboards and benches for storage and cooking. Featured in this kitchen are a gas cook-top, a sink with a window looking out to the front of the unit, fridge space, and shelving for extra storage. The bedrooms are both a good size to comfortably relax in, whether using all three bedrooms, or utilizing one as a study or storage room, it's up to you. There is air conditioning to the larger two bedrooms, so you can keep cool in summer. The unit has carpets throughout the living and bedrooms. Nearby, the tiled bathroom makes your morning and evening routines easy with a shower, deep bath, and separate vanity. Sit out in the front courtyard with a cup of tea and simply enjoy the view, or watch the kids play on the paving area or lawn area. Stepping back outside the unit, it is a quick walk down to Rosher Park to throw the ball around or take a walk with the kids. Also within walking distance are Lockridge Primary School (1.0km), Good Shepherd Catholic School (1.0km), and a bus stop on Brathewaite Road. There is plenty to love about this unit, whether for yourself (move in) or for someone else (rent out). Whatever you decide, make sure you don't miss out as a unit this cutie is sure not to last long!