Add Value With A Minor Renovation In A Sought After Location
Property ID: 16928265
Purchase Price $530K
Cost To Upgrade $25K
Median Price For Suburb $607K (4 Bedroom Houses)
Estimated Current Rent $480 per week
Estimated Yield 4.71%
Most of the hard work is done. This 4 bedroom house just 12km from the Brisbane CBD has been renovated inside and just needs freshening up on the outside.
Walking distance to Bus Stops, Parks, Child care and Australia Post.
Large companies who have invested in the area include Woolworths, Coles X 2, Bi-Lo, Aldi, Subway, Nandos, Dominos, Sushi Train, McDonalds, Oporto, Gloria Jeans, Coffee Club and Bunnings.
Within a few minutes drive your tenants have access to;
One of the largest shopping centres in Qld;
3 State Primary schools, 2 State High schools and 4 Private Schools;
Several childcare centres;
2 Train stations;
2 Private Hospitals;
Large Shopping Centre with close to 100 stores.
Vacancy rates are currently at just 2.2%, property enquiries in the area are double the state average and owner occupiers own nearly 70% of all housing.
For further details call Matthew Barnes on 0430 979 900.