Quality 4 Bedroom Home, 35% Below The Suburb Median Price
Property ID: 19376385
Purchase Price $775K
Rent $550 per week
Suburb Median Price $1.2 Million
Perfect for your Self Managed Super Fund. You make your money when you buy and this 4 bedroom house in a high demand suburb just 5.5km from the Brisbane CBD has huge growth potential.
Zoned for Low Medium Density up to 3 levels but priced $425K below the suburb median, long term growth looks assured. There are already units close by showing the local Council's acceptance of these types of redevelopments.
The house is situated in a great pocket, just walking distance to a Cafe' and Restaurant precinct, Bus stop, Train station and Schools.
Vacancy rates are at just 2.5%, showing the strong demand for housing in this area. Around 2/3 of all housing is owner occupied, there are low rates of public housing (none near this property) and incomes for the suburb are 44% above the state average.
Single Lock Up Garage
2 Separate entrances providing the opportunity the have a home business.
408M2 Corner block
Low Medium Density Zoned up to 3 Levels
Bus stop 50m
Private School 200m
State Primary school 550m
Train station 600m
Several Restaurants and Cafe's within 800m
Convenience store 1.7km
Shopping centre 2.5km
High School 2.8km
Shopping centre 3km
Hospital 4.5km and 4.8km
Largest shopping centre in Brisbane 6.5km
Brisbane Airport 13km
For further details, call Matthew Barnes on 0430 979 900.