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Offmarket

Freestanding Home Among the Best Streets in Suburb Set for Growth

Property ID: 16140545
Purchase Price : $430k
Current Rent : $430 a week lease until February 2017
Rental Yield: 5.2%

This property is located in one of the country's fastest growing and in demand regions, with a myriad of new infrastructure in the area such as an approved new university, completion of the nearby train line extension and an expansion of a nearby Westfield shopping centre. It is ideal for investors as there is a strong rental demand as evidenced by the low vacancy rate of 1.68% (a vacancy rate of between 2-3% indicates a balanced market)

LOCATION
New Approved University campus with an expected 10,000 students 2.5 km
A number of bus stops within walking distance.
Train station 2.5 km.
2 primary schools, 1 high school and 2 childcare centres within 1.2km.
Foodworks, Woolworths, Coles, IGA within 1.5 km.
Medical centre 1.1 km.
4 parks within 1km.
Gloria Jeans, Coffee Club, Michel's Patisserie, Subway, Hungry Jacks all within 2.5km;

PROPERTY
4 Bedrooms .
2 Bathrooms.
Master bedroom with ensuite and walk-in robe.
Air- conditioning .
Fans throughout.
Security screens throughout.
Fully-fenced backyard.
Outdoor alfresco area.
Double lock up garage.
500m2 block.

Contact Yujin Yeoh on 0479 191 815 for further details.

Matthew Barnes

Enquire Now

Land Area: 500m2

Type: Residential, House

Investment Strategy: Capital Growth, Neutral Cash Flow

Gross Yield: 5.2%

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Matthew Barnes

Enquire Now

Land Area: 500m2

Type: Residential, House

Investment Strategy: Capital Growth, Neutral Cash Flow

Gross Yield: 5.2%