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Offmarket

Freestanding House with a Nearby University Coming

Property ID: 14981815
Purchase Price : $430k
Current Rent: $410 a week (Market Rent $420-$430)
Rental Yield: 4.96%

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 2.1% (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 Child care centres within 1.2km;
Foodworks, Woolworths, Coles, IGA within 1.5 km
Doctor 1.1 km;
4 parks within 1km;
Gloria Jeans, Coffee Club, Michels Patisserie, Subway, Hungry Jacks all within 2.5km;

PROPERTY
Built in 2007
4 Bedrooms all with built-ins
2 Bathrooms
Master bedroom with ensuite
Split System air-conditioning
Fans Throughout
Full fenced yard with outdoor entertainment area
Rainwater tank
Solar hot water system
513m2 block

For further details call Matthew Barnes on 0430 979 900.

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 513m2

Type: Residential, House

Investment Strategy: Capital Growth

Gross Yield: 4.96%

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 513m2

Type: Residential, House

Investment Strategy: Capital Growth

Gross Yield: 4.96%