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Capital City; Freestanding House On A Large Corner Block

Property ID: 18737135
Purchase Price $448K
Rent $480 per week
Yield 5.57%
Brisbane


Situated on a large 842m2 corner block, this 3 bedroom, 2 bathroom house comes with 2 large car sheds (which have lined walls) with a high double carport attached. There is also a double lock up remote garage, with internal access to the house. There is also a large outdoor entertaining area.

Currently the house and sheds bring in a total rent of $480 per week on a single lease. At times they have been rented separately.

The bathrooms and kitchen have been updated in the last few years. The house is in good order with no work to do.

The property is just walking distance to Bus stop, Restaurants, Cafe's, Child Care, Primary and High schools.

Companies that have invested within 15 minutes walk of this property include Harvey Norman, Bunnings, Birch Carroll & Coyle Cinemas, Officeworks, The Good Guys, BCF, Amart Sports, Clark Rubber, EB Games, JB Hi-Fi, Supercheap Auto, Battery World, Fantastic Furniture, Chemist Warehouse, Autobarn, ANZ, NAB, CUA, Terry White & Amcal Chemists.

There are two shopping centres within 1.7km that include Woolworths, Coles X 2 and Target, with an Aldi nearby.

Other facilities nearby include;

TAFE 3.2km
TAFE 3.8km
Train Station 6km
Hospital 8km

All the indicators show this suburb is set to see growth in the next 1 to 3 years;

Demand for property in this location has increased this year
Days on market are have halved in the last 12 months
Auction clearance rates are rising
High owner occupied area
Vacancy rates at just 1.25%
Online search interest is higher than the state average

Currently zoned single residency, however, being on a large corner block there is potential to be rezoned in the future for a dual living property or 4 units, subject to Council approval.

For further details and to secure this property, call Matthew Barnes on 0430 979 900.

Matthew Barnes

Enquire Now

Land Area: 842m2

Type: Residential, House

Investment Strategy: Capital Growth

Gross Yield: 5.61%

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Matthew Barnes

Enquire Now

Land Area: 842m2

Type: Residential, House

Investment Strategy: Capital Growth

Gross Yield: 5.61%