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Affordable Off Market & Positive Cash Flow Dual Income Investment

Property ID: 19351265
This property is a fantastic option for tenants and is located a short 5 minute walk to the train station. The suburb is well serviced with a number of established amenities for shopping, schools, and transportation.

Purchase Price $469K
Rent $310 + $240 = $550 per week
Yield 6.09%
Western Brisbane Metropolitan Area

PROPERTY FEATURES

Stainless steel appliances
Outdoor entertaining area
Leaver door handles throughout
Security screens to external doors
Ceiling insulation.
Split system air conditioning to each unit
Digital TV antenna
Modern lighting
Concrete driveway
Full turfing and landscaping
Letterbox, clothes line

Unit 1

* 4 bedrooms all with built in robes;
* 2 Bathrooms, including en suite to the master bedroom;
* Open plan living and dining area;
* Single lock up garage;
* Alfresco area;
* Split system air conditioning to living area;

Unit 2

* 1 Bedroom with built in robe;
* 1 Bathroom;
* Open living, dining and kitchen area;
* Single lock up garage;
* Air-conditioning in living area

* 2.5km to the local shopping centre with over 30 stores including Woolworths;
* Less than 6KM to 2 hospitals;
* 8km to the University Campus
* 1km to a train station with direct access to Brisbane city;
* 6.3km to the CBD;

THE LOCATION

The population of this region is forecast to more than double in the next 15 years, bringing an additional 75,000 jobs to the city. An additional 120,000 jobs are expected to be created within 45 minutes drive to this location.

There is currently $4 Billion in infrastructure investment either under construction or planned for this city.

These factors have positioned this location for strong capital growth over the coming years.

Vacancy rates in this suburb are at just 1.4% and have consistently been around or below 2% for the last 2 years (2 - 3 % vacancy rate is seen as a balanced market).

Call Matthew Barnes on 0430 979 900 for further details.


This property is part of the We Find Houses Direct range of properties so no buyer's agency fees apply: https://wefindhouses.com.au/invest/direct

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 555m2

Type: Residential, House

Investment Strategy: Positive Cash Flow

Gross Yield: 5.88%

Estimated Cash Flow: $45 positive per week

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 555m2

Type: Residential, House

Investment Strategy: Positive Cash Flow

Gross Yield: 5.88%

Estimated Cash Flow: $45 positive per week