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Land Squeeze Drips Cash-Flow

Property ID: 19387175
Purchase Price $590K
Market Rent $370 + $320 = $690 per week
Gross Yield 6.08%
South Brisbane Metro Zone

Dual living properties are in very high demand due to the great cash flow they provide. So when the regulations are changing and dual income properties will soon become as rare as hens teeth, now is the time to cash in.

Close to all the main facilities in one of Queensland's most in demand markets, this 2 level, 5 bedroom, 3 bathroom dual income property will provide you with an ongoing income stream.

Live in 1 side and rent out the other or rent both and use the additional cash flow to take years off your home loan.

Vacancy rates are currently very low at 2%.

This location is set to see an average of 10,000 new residents each year for the next 20 years. Research points to strong capital growth over the next few years, we can send you details upon request.

There is more than $2 Billion worth of infrastructure investment either approved or under construction in the location.

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 City while taking advantage of the easier access to the nearby major regional centres.

The region has a strong history of long-term capital growth. It has a strong, diverse and growing economy with the major employers being manufacturing & retail, Business & community services, Construction & Agriculture.


UNIT 1

Main bedroom with Built in robe, Air conditioning + Ensuite;
Bedrooms 2 & 3 with built in robes;
2nd Bathroom with bathtub;
Open plan living/dining area with split system Air conditioning;
Air conditioning in the living area;
Stainless steel kitchen appliances, including dishwasher;
Caesar stone bench tops;
Alfresco area under main roof;
Security screens;
Single lock up garage;

UNIT 2

2 Bedrooms both with built in robes;
Open plan living and dining area;
Split system Air conditioning to the main bedroom and living area;
Air conditioning in the living area;
Stainless steel kitchen appliances, including dishwasher;
Caesar stone bench tops;
Alfresco area under main roof;
Security screens throughout;
Single lock up garage;


THE LOCATION

Primary School 1km;
High school 1.3km;
5 childcare centres within 1.5km;
Aldi 1.3km;
Coles 1.4km;
Shopping Centre with around 28 stores including another Coles 1.4km;
Woolworths 3.2km;
Train station 3.3km
Hospital 3.4km;
Industrial Estate 3.5km + others within a 10 minute drive;
TAFE 4km;
University Campus 4.8km;
Motorway access 4km;
Shopping Centre with about 220 stores including Myer, Kmart, Coles, Woolworths, Bi-Lo, Aldi & Event Cinemas - 10km;
Brisbane CBD 31km;

For further details call Matthew Barnes on 0430 979 900.

This property is part of the We Find Houses Direct range of properties so no buyer's agency fees apply: https://wefindhouses.com.au/invest/direct

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 403m2

Type: Residential, House

Investment Strategy: Positive Cash Flow and Capital Gains

Gross Yield: 6.08%

Estimated Cash Flow: Positive Cash Flow by $38 per week

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 403m2

Type: Residential, House

Investment Strategy: Positive Cash Flow and Capital Gains

Gross Yield: 6.08%

Estimated Cash Flow: Positive Cash Flow by $38 per week