Interstate Investor says "SELL" 2/12 Palermo Street, Morningside This proven investment property is available with immediate vacate possession for a homeowner seeking an affordable, secure and peaceful living in a most desirable pocket of Morningside. Recently refreshed including new carpet, there is nothing to do but move in. The property boasts open plan kitchen, lounge and dining creating plenty of space leading out to the adjoining private rear courtyard. 3 generously proportioned bedrooms & privately positioned provides the perfect layout for shared housing or growing families. Features Include: 3 bedrooms with built in robes & ceiling fans Conveniently positioned main bathroom + powder room Lock up garage with internal access, additional under staircase storage Rear private courtyard Recently painted & new carpet Reverse cycle air-conditioning, security screens Low Body Corp fees $670/quarter & Council Rates $375/quarter Gross rental yield of 5.5% based on previous rent of $400/week Land size 120sqm & Internal area 133sqm If you are looking for a private, peaceful townhouse, off the main roads but still close enough to public transport, shopping and cafes - then look no further. Peacefully positioned within a small complex of only 12 townhouses at the end of a quiet cul-de-sac, it is just a short stroll to Morningside Train Station, Morningside Shopping precinct and local cafes and only 7kms to the CBD for an easy commute. Don't delay your inspection as the interstate owner says "SELL! SELL! SELL! Read... Lot/Plan No: 2/BUP13831