10/4-6 Olive Street
Manoora QLD 4870
Sold for $380,000
INVESTMENT OPPORTUNITY - PRIVATE, MODERN FIRST-FLOOR APARTMENT
Fusion on Olive Street. This stylish, modern apartment is located on the first floor in a peaceful yet convenient setting, just moments from Raintree’s Shopping Centre and local schools. It offers two spacious, air-conditioned bedrooms, each with built-in wardrobes and plush carpeting. The light-filled open-plan living area features elegant tiled flooring throughout, creating a bright and airy feel. 17 units in the complex.
The contemporary kitchen is perfect for entertaining, seamlessly extending to a generously sized, private front balcony. The balcony area provides a leafy, tranquil outlook to the quiet street, ideal for relaxing or hosting guests.
The apartment also includes a bathroom with a bathtub and shower, as well as an internal laundry with a dryer. For added convenience, there is exclusive use car parking and a private lock-up storeroom downstairs. Residents can also enjoy access to a tropical pool area.
Currently tenanted by a long-term resident of over 10 years, the apartment is immaculately maintained and provides a solid investment return at $410 per week. The lease is in place until 6th August 2026, ensuring immediate rental income for investors.
Body corporate fees approx. $5,500 per year with 20% discount for prompt payment of levies which brings it down to approx. $4,500 per year.
Whether you’re seeking a quality investment or a low-maintenance lifestyle in a central location, Fusion on Olive Street ticks all the boxes.
Related Information & Disclaimers
Property ID: 1383961