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1800 600 890

Make Your Own Cash Cow

Property ID: 17629965
Purchase Price $370K
Granny Flat $150K
Total Cost $520K

Rent for House $340 per week (estimated)
Rent for Granny Flat $270 per week (estimated)
Total Rent $610 per week
Gross yield 6.1% (estimated)

With a large block and 2 street access, you have the opportunity to add value and make this property positive cash flow. Subject to Council Approval, you can add a granny flat behind the house, with a separate street entrance.


THE LOCATION

This city in South East Qld is set to see an average of another 10,000 new residents each year for the next 20 years;


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 the city while taking advantage of 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;



FACILITIES NEARBY

Kindergarten, childcare centres, 2 high schools and 3 primary schools within 2km

There are dozens of restaurants in the area and many franchised food outlets have invested here including - KFC, Red Rooster, Subway, McDoanlds, Pizza Hut.

1km away from the nearby CBD that is currently under-going regeneration.

There are number of coffee shops that surround the estate including Coffee Club, Merlo and Zarraffas.

THE PROPERTY

Large 835m2 block;
2 Street access;
Existing house has 3 bedrooms with built in robes, 1 bathroom and 2 car parking;
Air conditioned living area;
Fire place;
Covered outdoor entertainment area;

Call Matthew Barnes on 0430 979 900 for further details.

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 835m2

Type: Residential, House

Investment Strategy: Positive Cash Flow

Gross Yield: 6.1%

Estimated Cash Flow: Positive $25 per week

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 835m2

Type: Residential, House

Investment Strategy: Positive Cash Flow

Gross Yield: 6.1%

Estimated Cash Flow: Positive $25 per week