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Offmarket

Double Income For Less Than $500K

Property ID: 17205405
Purchase Price $494k
Estimated Rent $330 + $270 = $600 per week
Estimated Yield 6.32%
To be built

If you are looking for a positive cash flow investment in a convenient location that will appeal to tenants; this property will tick all those boxes for you.

This dual income property will be constructed by a quality builder with many years experience in the industry.

Unit 1
3 Bedrooms all with build in robes
2 Bathrooms including en suite to master bedroom
Single lock up Garage with internal entrance
Outdoor Entertaining area
Separate laundry

Unit 2
2 Bedrooms, both with walk in robe
1 Bathroom
Single lock up garage
Outdoor Entertaining area

Facilities Nearby Include;

Child care 500m and several others within 2.5km;
State Primary Schools 1km, 1.8km and 2km;
State High Schools 1.2km;
Private schools 1.5km & 1.9km;

Hospital 6.5km
TAFE 6.6km
Train Station 5.5km
University 7km
Bus stop 200m
Access to Motorway 3.5km

Coles, Aldi X 2 and IGA are all within 2.5km;

Subway, Dominos, McDonald's, KFC, Red Rooster and Zarraffa's have all invested in the location.

A $60million upgrade is taking place at a shopping centre 2km from the property. This will create an additional 250 ongoing jobs.

Being located half way between 2 Major Centres, with large parcels of industrial land, the region is attracting the attention of businesses looking to avoid traffic congestion in Brisbane while taking advantage of the and easier access to the nearby major regional centres.

It has a strong, diverse and growing economy with the major employers being Manufacturing & Retail, Business & Community services, Construction & Agriculture.

There are approximately $2 Billion worth of private and Government funded Infrastructure projects proposed, approved or under construction. These projects are predicted to create approximately 10,000 ongoing jobs and thousands of construction jobs to the surrounding area.

Vacancy rates in the area have been low for a number of years and there has been high demand fro renters for this style of living.

Call Matthew Barnes on 0430 979 900 for further details and to answer any questions you have.

This property is part of the Free We Find Houses Direct range of properties: https://wefindhouses.com.au/invest/direct

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 450m2

Type: Residential, House

Investment Strategy: Positive Cash Flow

Gross Yield: 6.32%

Estimated Cash Flow: $50 Per Week Positive Cash Flow

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 450m2

Type: Residential, House

Investment Strategy: Positive Cash Flow

Gross Yield: 6.32%

Estimated Cash Flow: $50 Per Week Positive Cash Flow