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Offmarket

Less Than $200K Returning More Than 7%, Just 23km From The Brisbane CBD

Property ID: 18900065
Purchase Price $199K
Rent $270 per week (Estimated)
Yield 7.06%
Small Complex of 14 townhouses
Walk Score of 82

How often can you pick up a 2 bedroom Townhouse for under $200K in a small complex?

Better still, with forecast returns of around 7% and consistently low vacancy rates (current vacancy rate is just 1.5%), your investment will be a nice little earner.

This townhouse is convenient to everything your tenants will need;

Just walking distance to Bus stop, Train Station with direct access to the Brisbane CBD, Schools, Child care, Supermarket, Shopping centres, Restaurants, Coffee shops, Bars, Medical centre, Chemist, Convenience store, Parks, Australia Post and Banks.

National brands that have invested in the immediate area include Coles, Subway, 7-Eleven, Foodworks, Eagle Boys, KFC, McDonalds, Woolworths, Kmart, Lowes, CBA, Bank of Qld, Amcal & Chemmart.

Other facilities within a few minutes drive include Hospital, Motorway, University Camus, and TAFE campus.

The townhouse has 2 good sized bedrooms, 1 bathroom, a lock up garage & small courtyard.

For more details call Matthew Barnes on 0430 979 900.

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Type: Residential, House

Investment Strategy: Cash Flow, Low Entry Point

Gross Yield: 7.06%

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Type: Residential, House

Investment Strategy: Cash Flow, Low Entry Point

Gross Yield: 7.06%